OPEC to Trump: We Set the Price, Not You

One of President Trump’s first orders of business following the initial burst of executive orders was to declare he would ask OPEC to ramp up its oil production to bring down prices. Trump pledged cheap energy to Americans, and he vowed to put a quick end to the Ukraine war, which, to him, would accomplish lower oil prices. Only OPEC had to agree—and it didn’t. It could be Trump’s very first reality check this term. Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers…