I would hope that in the conference process that we are about to enter that there is an acknowledgment that OPEC membership and limitation on production capacity is problematic for the United States of America, and we need to focus on that.
Peter Deutsch: “I would hope that in the conference process that we are about to enter that there is an acknowledgment that OPEC…”
Editor's note · Context
Discussing oil production capacity in Iraq and its implications for U.S. interests.
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The DeFazio amendment only deals with our money, not their money. There is every indication that Iraq will remain part of OPEC, will remain part of a monopoly that taxes Americans to the tune of hundreds of billions of dollars.
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