ECON 542 – Do you believe that oil process today are being driven more by forces of market

Do you believe that oil process today are being driven more by forces of market supply and demand, or by OPEC agreements?Is it legal in the USA to form a cartel like this? Why or Why not?PLEASE PROVIDE REFERENCES AND BE COMPLETE IN YOUR ANSWER.WILL GIVE A TIP ONLY IF THIS IS COMPLETLY ANSWERED WITH REFERNCES

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