How we can stabilize the crude oil prices n control the monopoly of OPEC ?

Question

How we can stabilize the crude oil prices n control the monopoly of OPEC ?

Answer 1

Measures to protect the survival of the U.S. as a country must NOW be put into action.....ASAP.  

Phase 1: The President would have to call for the lifting of Federal bans on oil refining on U.S. soil and U.S. ocean areas---where there's proof positive of an abundance of oil matching that of the Middle East.  Extreme enviromentalists won't like this measure, but they'll just have to deal with it; they can sue the U.S. when the country's survival is secured and not before then.

Phase 2: President meets w/ ALL American Big Oil execs, giving them full throttle blessing to construct and operate new oil refineries on U.S. soil also opening existant ones long closed down.  OPEC won't like that---but like the extremist enviromentalists----they'll just have to shut up and dance.  Big Oil also should be encouraged to implement their refining and distribution of alternative fuels---and freeze cap their per gallon price to no more than $1.75 a gallon, for 100 years.

All US oil refineries, pipelines and tanker ships will be fully protected by US Military / Homeland Security personnel 24/7--365 w/out fail ever.  And IF American Big Oil opts to fully comply w/ these measures---they'll be rewarded with nice, but fair tax breaks.

Phase 3:  Ensure protection of any Big Oil concerns during Phase 2, by flipping ON the switch to distribute Strategic Oil Reserve stock to U.S. gas stations, bringing gas down to $ 1.85 a gallon, with a 100 year frozen price cap of $2 per gallon.  Bear in mind:  Big Oil will also sell alternative fuels as well---this way, they and their stockholders should be kept happy, while Americans can get a much needed break.

Phase 4:  Limit the number of OPEC oil barrels the U.S. buys.....sharply.  If OPEC can get past the itching for a fight U.S. military and speak to the President in protest---well then.....maybe the President will spare some time to hear them out.  The President makes the demand to OPEC, one NOT subject to neogation, the OPEC sale of per barrel crude oil.......at $10 a barrel......price frozen for 200 years.  Give OPEC 48 hours to answer on this.

Answer 2

Find new areas to drill for supply. Find new ways to reduce demand by getting alternative fuel vehicles.

Answer 3

Use less fuel derived from OPEC oil. When demand goes down so will the price as we have seen in the last week. Oil is down in the low 120s from 130s from reduced demand in the U.S.

Answer 4

International bankers have already done this through the control of the US dollar .