Cato Podcast

What Does OPEC Do and Should We Care?

Nov 24, 2023
This podcast challenges the conventional belief about OPEC's power and explores the limitations they face in controlling oil production. It addresses the misconceptions about OPEC's role in the gas lines of the 70s and discusses the political importance of blaming OPEC for gasoline price fluctuations.
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1
Introduction
00:00 • 3min
2
Perception vs. Reality: The Control of OPEC and the Challenges They Face
03:03 • 5min
3
The Limitations of OPEC's Control and the Impact of Price Fluctuations
07:55 • 4min