clipped from: www.ibdeditorials.com   

If Hillary is really serious about breaking OPEC, she should push something very un-Hillary-like: boosting energy supply by unleashing the very oil companies she now vilifies. They're America's secret weapon against the cartel.


That will hurt OPEC by breaking the back of higher oil prices through added supply. Flooding the market with cheaper oil is the only way to make OPEC squeal — not senseless lawsuits and WTO actions that would take years, if not decades, to get through our legal system.


As we've noted repeatedly, U.S. oil reserves offshore, in Alaska and locked up on federal lands in the Midwest are a potential bonanza. If President Bill Clinton in 1995 had approved drilling in Alaska's ANWR, instead of vetoing it, we'd have millions of barrels more of oil today. And, by the way, Hillary still opposes this.


Around the world, governments control about 80% of all energy reserves — that includes the U.S. And 12 of the 15 largest oil companies are government-owned.