Over a Barrel

Over a Barrel

Author: Raymond J. Learsy

Publisher: Thomas Nelson

Published: 2005-08-16

Total Pages: 266

ISBN-13: 1418577545

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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.


Political Constraints on Government Cartelization

Political Constraints on Government Cartelization

Author: James L. Smith

Publisher:

Published: 2012

Total Pages: 0

ISBN-13:

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We examine government cartelization efforts in crude oil production. Texas and Saudi Arabia are alleged to act as swing producers to maintain the interstate (1933-1972) and OPEC (1973 on) oil cartels respectively. We analyze the political constraints that affected the ability of Texas and Saudi Arabia to act as residual producers within their respective cartels. In the case of Texas, political factors molded individual firm production quotas, advantaging high-cost producers and hence, reducing total cartel net profits. Further, Texas had limited range for adjusting total state production to maintain interstate output at levels consistent with target prices. Saudi Arabia's role as swing producer within OPEC raises similar questions regarding how cartel output is shared among members, and the extent to which domestic economic and political pressures coming from various member countries may undermine the effectiveness of the cartel. OPEC's coordination problem has been more difficult than that faced by the interstate cartel for a variety of reasons that we explore. Even so, they have not kept the OPEC members in general, and Saudi Arabia in particular, from exerting a strong influence on the level of world oil prices.


Health Care Antitrust

Health Care Antitrust

Author: Aspen Health Law Center

Publisher: Jones & Bartlett Learning

Published: 1998

Total Pages: 158

ISBN-13: 9780834212275

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Antitrust laws touch upon a wide range of conduct and business relationships in the delivery of health care services, and the issues that should be of concern to health care organizations are described. Health Care Antitrust provides practical overviews of the principal legal issues relating to health care antitrust, as well as a general understanding of antitrust analysis as applied to contractual relationships and business strategies that present antitrust risks in a managed care environment.