The oil and gas industry is part of an oligopolistic market structure with an undeniable competitive edge. It is very clear to society that the past, present and future production of the oil and gas industry is somehow controlled and relied upon by the decisions of the OPEC "cartels". Few countries dominate global oil and natural gas production outside the OPEC organization. OPEC, the Organization of the Petroleum Exporting Countries, believes that its mission “is to coordinate and unify the oil policies of its member countries and to ensure stabilization”. oil markets in order to ensure an efficient, economical and regular supply of oil to consumers, a stable income to producers and a fair return on capital for those who invest in the oil industry" (OPEC). In reality, the declaration of OPEC's mission means nothing to me, that basically sums up the words "international cartel". members work together to decide the level of output....