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Why does OPEC control oil prices?

Por: WPTV Nation November 23, 2022

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High gas prices hit close to home for anyone driving an automobile that uses fossil fuels. A multi-national group, thousands of miles away from many nations, is really the one to turn to if you want to gripe about the price of fuel — OPEC.OPEC is short for the . Five nations joined together in 1960 to form the oil alliance: Iran, Iraq, Kuwait, Saudi Arabia and Venezuela — each an oil-producing heavyweight. At the time, the U.S. was both the... + full article



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