Energy and Environment

How the U.S. can end OPEC’s power globally

By Kyle Feldscher
Published November 30, 2015 5:01am ET
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How the U.S. can end OPEC’s power globally
The United States has become the world’s top producer of oil and natural gas over the past five years. And yet, the U.S. has not been able to topple the Organization of the Petroleum Exporting Countries as the world’s energy powerhouse. “ ‘There are lots of countries that would rather get oil from the United […]

The United States has become the world’s top producer of oil and natural gas over the past five years. And yet, the U.S. has not been able to topple the Organization of the Petroleum Exporting Countries as the world’s energy powerhouse.

“
‘There are lots of countries that would rather get oil from the United States than Russia and many OPEC countries.’
”

But U.S. energy advocates said there is a way to lessen the influence of the cartel, which meets Dec. 4 in Vienna: Export crude oil and more natural gas.

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Congress Kyle Feldscher Minusextra Natural Gas Oil OPEC