Public Interest
Apr. 11, 2000
OPECs Production Quotas Hold America Over a Barrel
^^Spin Report^^ By John M. Curtis "I don't think there's any question that energy prices are going to go up in the future," said a sobering Jimmy Carter in a lively debate with the eternally optimistic Ronald Reagan in 1980. With double-digit inflation and soaring energy prices, few Americans wanted to hear Carter's doom-and-gloom scenario. Promising people lowered inflation and reduced gas prices Reagan's appeal proved irresistible.
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