Word: recontrol
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Dates: during 1980-1989
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...bolster prices by announcing that they will cut back production as soon as they have paid for the planes. Said John Lichtblau, president of the Petroleum Industry Research Foundation: "There is still a possibility they can correct the situation by substantially reducing their output. But it is difficult to recontrol prices once they start running away." -By Stephen Koepp. Reported by Jay Branegan/Washington and Timothy Loughran/New York
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