Break OPEC's power with flex-fuel and electric cars

04/15/2010 | Wall Street Journal, The

The U.S. needs to limit its vulnerability to the Organization of Petroleum Exporting Countries' power over global oil prices by providing subsidies for the country's buses and trucks to convert to natural gas, encouraging the development of electric cars, focusing on improving mileage in new automobiles, requiring new vehicles to be flex-fuel capable, and increasing blending of alternative fuels with gasoline and diesel, according to this opinion writer. "We can't drill our way out of the cartel's control of the global oil market," the writer argues.

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