TITLE

The Guys in Abu Dhabi

PUB. DATE
June 1979
SOURCE
New Republic;6/2/79, Vol. 180 Issue 22, p5
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Comments on United States President Jimmy Carter's plan to decontrol domestic oil prices. House Democratic Caucus' opposition to Carter's plan; Argument that domestic controls increase the demand for oil and artificially constrain domestic production; Role of the Organization of Petroleum Exporting Countries in the setting of oil prices; Opposition of oil companies to Carter's petroleum policies; Oil companies' need to finance exploration and development of oil; Suggestion that corporate profits are not inherent evil, nor are they a natural right of all large corporations.
ACCESSION #
11257274

 

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