The "OPEC gas tax" is the combined effect of the Organization of Petroleum Exporting Countries cartel and unrestrained consumption of oil.
zFact: The cartel is not unbeatable. Notice that it collapsed once before — in 1986 &mdash as evidenced by the price of oil (see the chart below).
zFact: But the lower oil prices thereafter and throughout the 1990s are an important cause of our current troubles. More
zFact: How do you fight a cartel? With a cartel. We can organize ourselves into a buyers' cartel to counter the market power of OPEC's sellers' cartel. More
zFact: A buyers' cartel will work. It worked before! More
