[okie01]

When the price goes too low, stop pumping when it goes back up open the spigot. OPEC liquidates all their resources at rock bottom prices, we only sell at higher ones.

We control the price.

Maybe we "control the price"...but on-again-off-again is a tough environment in which to keep a company profitable and running.

[JPJones]

“Maybe we “control the price”...but on-again-off-again is a tough environment in which to keep a company profitable and running. “

Totally agree. It looks great on paper.

You’d need a concerted effort with an American “OPEC” of oil companies, Harvard/Yale/MIT etc, with the blessings of the fedgov or some such.