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.