Word: decontrolled
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Carter's plan to decontrol domestic crude-oil prices is a good first step to help the nation shake free of foreign oil dependence and the uncertainties that come with it. But there are misconceptions as to why the move is the right...
...would say decontrol should be accompanied by this 'plowback' provision which compels money to go into the ground to increase supplies or increase research and development," the co-founder of a Texas-based oil firm said...
When the CBO calculates that decontrol will increase oil production by less than two percent we should not be surprised...
Carter's decision to decontrol the price of oil will not merely 'alert" Americans to the energy crisis; it will create a crisis. Not only will his policy fuel the already disastrously high level of inflation, it just plain won't work...
PRESIDENT CARTER has no sweeping, coherent vision of a national energy policy that could inspire public support. Instead, he has fixated on decontrol of oil prices -- the quick fix of market forces, instead of the tougher job of building national policy. If indeed the energy crisis is "the moral equivalent of war," Carter should not leave the shooting up to the oil companies...