Word: coaxed
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Dates: during 1980-1989
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...energy consumption by raising petroleum prices to the world level, acceptable to both the Congress and the public. Whatever its political virtues, the tax hardly seems geared to help meet another key energy policy goal: boosting domestic oil production to the maximum. Instead of using tax incentives to coax as much crude as possible from the ground, the compromise so far amounts to little more than a confusing grab bag of mini-taxes. The three main components...