“OPEC would like you to believe that it’s an international agency dedicated to world peace and economic development, like the United Nations or the World Bank. But of course, OPEC is a cartel.” Tim Noah examines a new bill before Congress that would work to bring OPEC’s behavior under American antitrust law. “The White House Office of Management and Budget says it opposes the NOPEC bill ‘adamantly.’ Perhaps this is because, as I’ve noted before, OPEC is just about the only international organization that President Bush has any regard for.“