Larry Gude
Strung Out
You dont understand because you dont think it through.
its true. The president can not walk up to opec and say, you have to raise the price of your oil by $X.XX a barrel and they jump at his command.
however,
the president does have the power to manipulate the market with war, threat of war, ,, ending subsidies, shutting down refineries and coal burning power plants, with EPA mandates that cant be met, threat of drilling,,, oh wait, threat of drilling our own might drop the price..
It all seems to simple when you just think about it, don't it?