Over a barrel

by Raymond J Learsy

Longtime commodities trader Raymond J. Learsy lifts the veil of the Mideast oil cartel, showing how OPEC manipulates the oil markets and destabilizes the world's economy. With refreshing candor and an insider's perspective, Learsy explains how OPEC: twists bogus perceptions of oil scarcity to hike prices and gain political power; is compromised by Islamist terrorist connections that fuel anti-American hatred with dollars from our own wallets; keeps Third-World nations in abject poverty despite their rich oil deposits; and became the de facto master of Iraq's newly liberated oil fields. A sharp, sweeping survey of OPEC's methods of economic dominance, this book explains how to bust the Mideast oil cartel and chart our own course toward energy independence.--From publisher description.