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The Crude Truth: Do you want to know why you're paying so much at the pump these days? Raymond J. Learsy, a longtime commodities trader, explains the real facts behind today's outrageous gasoline prices by lifting the veil from the Mideast oil cartel. He shows how OPEC manipulates the oil markets with results that are destabilizing to the world's economy and threatening to America's national security. With refreshing candor and an insider's perspective, Learsy explains how OPEC: - promotes a bogus perception of oil scarcity in order to hike prices and gain political power. - is compromised by connections to Islamist terrorists, who fuel anti-American hatred with dollars from our own pockets. - keeps Third World populations in crushing poverty, despite rich oil deposits found in their countries. - became the de facto master of Iraq's newly liberated oil fields. Along with a sweeping survey of OPEC's methods of economic domination, Over a Barrel offers a well-informed strategy for busting the Mideast oil cartel and charting our nation's course towards energy independence.
- Sales Rank: #4295596 in Books
- Brand: Brand: Encounter Books
- Published on: 2007-10-30
- Original language: English
- Number of items: 1
- Dimensions: 8.96" h x .69" w x 6.10" l, .84 pounds
- Binding: Paperback
- 250 pages
- Used Book in Good Condition
Review
About every ten years the U.S. has an oil shock. In 2005, it is in the form of very high prices. Again, we wring out hands, but we still have no national energy policy. Mr. Learsy's Over a Barrel is a provocative analysis of the cause of our problem and suggestions for the solution. A great read. -- Gerald Greenwald, chairman emeritus of United Airlines, former vice chairman of Chrysler Corp.
It is a rare phenomenon that a book on a major issue of public policy appears at a crucial moment in history and is well-written, free of jargon, and to the point. Our security and prosperity depend on our willingness to respond to Learsy's eloquent challenge. -- - Leon Botstein, president of Bard College, author of Jefferson's Children
This book provides a very insightful analysis of the powerful grip that OPEC has over a very important natural resource, why there is no shortage of oil, and why oil prices should be much lower. It also provides all the necessary rationale for standing and defeating this economic evil. -- - Henry Kaufman, president of Henry Kaufman & Company, author of On Money and Markets
Over a Barrel explains how OPEC's manipulations of the oil markets have led to today's prices at the pump. -- William F. Buckley Jr.
About the Author
Raymond J. Learsy is the author of the updated version Over a Barrel: Breaking Oil's Grip on Our Future. A graduate of the Wharton School, he made his life in the fast-paced, risk-filled world of commodities trading, beginning in 1959. In 1963, he started his own firm and over twenty years expanded from the U.S. into Canada, the United Kingdom, Luxembourg, Brazil, and Pakistan, trading in an array of bulk raw materials and commodities, shipping to customers worldwide. In the 1980s, he became a private investor, and from 1982 to 1988, served as a Reagan appointee to the National Endowment for the Arts. Currently, he is a member of the Woodrow Wilson International Center for Scholars. Learsy's analysis of the international oil trade, OPEC, and its impact on the American and world economy has been featured in the National Review Online, the New York Times, the Pipeline and Gas Journal. Mr. Learsy blogs for The Huffington Post.
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