GENERAL
Reagan Claims Credit for Price Collapse
US President Ronald Reagan has said that his administration's policies have been responsible for OPEC being "dramatically undercut" and for the collapse in oil prices.
Speaking on radio on 12 April, Mr. Reagan said that when his administration decontrolled the price of oil "some predicted this would send gas prices at the pump through the roof." This, however, had not been the case. "The production of oil...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!