USA, China, Europe oil dependence. the dictature of OPEC ?

"Oil dependence is defined as a dynamic problem of short- and long-run market power."

'The potential monopoly power of an oil cartel depends on its market share and the elasticities of oil supply and demand, while the economic vulnerability of oil-consuming states depends most directly on the quantity of oil imported and the oil cost share of gross domestic product (GDP).'

Those two sentences well resume and define the situation in USA, and in China, and in Europe...

Oil dependence is a danger.

the fact that OPEC still holds the majority of world oil and, in the future, will regain market share is important to highlight.

If a country, if the world doesn't want to suffer a real economic crisis, it's necesary to share the decision making in the global organizations.

there is a real monopoly because OPEC distributes and controls the major part of the oil market.

The control of the oil market is becoming like a dictatureship which is an other cause of the oil price increase.