TITLE

Untitled

PUB. DATE
April 1979
SOURCE
National Review Bulletin;4/6/1979, Vol. 31 Issue 14, p41
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article suggests what the U.S. can do to lower the price oil from Organization of Oil Producing and Exporting Countries (OPEC). The article reports that the price of oil from OPEC member nations has soared since the formation of the OPEC cartel. The production of domestic oil in the U.S. on the other hand has decreased. The author suggests that the U.S. capture part of the market of OPEC and put pressure on the organization to lower its prices. The reasons why U.S. President Jimmy Carter resisted doing the above proposal are examined.
ACCESSION #
6055989

 

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