Re: You have to be kidding me!- US inflation rate does include Food or Fuel?
Why does China subsidize gas btw?
My wife has a proposal:
Every oil importer countries should join to form an OPIC (Oil/Petro Importing Countries) cartel with joint policy of charging 30+% gas tax with the revenue going to alternative energy or anything but oil.
This way OPEC can manipulate supply, OPIC can manipulate demand. OPEC can have more fun predicting price of oil:p