Energy Secretary Jennifer Granholm laughed off the notion of encouraging more domestic oil production to blunt high gasoline prices and said matters are exclusively in OPEC's hands. "That is hilarious," Granholm responded while laughing to Bloomberg Surveillance host Tom Keene's question about the "Granholm plan" to increase oil production in America. "Would that I had the magic wand on this," Granholm said. "As you know, of course, oil is a global market. It is controlled by a cartel. That cartel is called OPEC." (video) Granholm brought up OPEC's and its allies' recent decision not to stray from its plan to...