There are all sorts of catalysts that could send oil prices even higher. We are getting just a small dose of the action today and energy-related stocks are surging.

It must feel good to be part of OPEC these days. Now that the threat of $30 per oil is clearly in the past, the oil cartel is regaining some of the power it so quickly lost last fall.

The group of oil producers continues to claim $75 per barrel is its target price for crude, calling it “fair” for everybody involved. Who is to debate what is arguably the most powerful group of countries on the planet?

What OPEC wants, it gets. What are the alternatives? Wind, solar, tides? Doubt it.

As an oil-burning American with a propensity to drop a few Franklins into the gas tank on a weekend adventure, the thought of oil climbing to the cartel’s target range is frightening.

But

There are all sorts of catalysts that could send oil prices even higher. We are getting just a small dose of the action today and energy-related stocks are surging.

It must feel good to be part of OPEC these days. Now that the threat of $30 per oil is clearly in the past, the oil cartel is regaining some of the power it so quickly lost last fall.

The group of oil producers continues to claim $75 per barrel is its target price for crude, calling it “fair” for everybody involved. Who is to debate what is arguably the most powerful group of countries on the planet?

What OPEC wants, it gets. What are the alternatives? Wind, solar, tides? Doubt it.

As an oil-burning American with a propensity to drop a few Franklins into the gas tank on a weekend adventure, the thought of oil climbing to the cartel’s target range is frightening.

But