Word: carterized
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Dates: during 1980-1989
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Reagan thought OPEC was finished. The cartel began to self-destruct in the early 1980's when internecine squabbling and cheating on production quotas rendered it powerless to prop up oil prices. Combined with Carter-era conservation programs, excess production led to a world-wide glut. The price of a barrel of oil fell by one-third, ushering in the economic recovery of the Reagan...
Reagan's economic progress is attributable, more than anything, to the decline of OPEC. The Republicans have a vested interest in maintaining wide-open oil production, because to the American voter, the drop in gasoline prices is probably the single most prominent economic improvement over the Carter administration. More importantly, if OPEC were to regain power and put a lid on oil production, prices could soar and pull America back into an inflationary spiral...
...Carter's policy of promoting efficiency and conservation vastly reduced demand for oil. The improvement in passenger car fuel efficiency from 1973 levels saved more than twice as much oil in 1986 than was imported from the Persian Gulf. Between 1977 and 1985, while the number of registered automobiles increased by 20 percent, oil use declined by 15 percent. Carter's efforts saved the nation $150 billion every year in energy costs. Yet the Reagan administration lowered the required standards for automobile gasoline mileage...
...Northeasterner can make inroads with the evangelical community. They should remember that Reagan, a divorced actor who seldom attends church, took in more evangelical support than a Southern Baptist sunday school teacher. (The Southern Baptist Convention, with nearly 15 million members, is the largest evangelical group.) The main reason: Carter ignored evangelicals while Reagan actively pursued their support...
...took the old-fashioned "butterfly route" in biology. He nonetheless rocketed up the academic ladder at Syracuse and | then Stanford, where he became provost in 1979. En route he detoured to Washington, first as a science adviser to Gerald Ford, then as Food and Drug Administration commissioner under Jimmy Carter. In the latter role, he was a strong public-interest spokesman, opposing use of ozone-damaging fluorocarbon sprays and favoring regulation of such cancer-linked substances as saccharin and sodium nitrate...