Column: OPEC conspiracy driving up oil prices around globe

If you suffer a heart attack but your doctor thinks you’ve got a nasty case of indigestion, chances are the medicine he prescribes won’t cure you. The same applies to policymaking and legislating: Misunderstand the problem, and you’re likely to come up with a useless — or damaging — response.

Anne Korin and Gal Luft, co-directors of the Institute for the Analysis of Global Security (IAGS), have long argued that liberals, conservatives and libertarians have all misdiagnosed why the West has become dependent on oil, why the price of oil keeps rising no matter how much we drill, conserve and boost miles per gallon, why dependence on increasingly expensive oil is a dire threat and what can be done to restore the health of our national and economic security.

In “Petropoly: The Collapse of America’s Energy Security Paradigm,” they make a muscular case for a Teddy Roosevelt-style solution: trust-busting.

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