Buckley Jr., Wm.F.
May 1977
National Review;5/13/1977, Vol. 29 Issue 18, p572
The article focuses on the energy policy of U.S. President Jimmy Carter. The plan seems to accept as the price of oil the administered price of the Organization of Petroleum Exporting Countries (OPEC) exporters. The U.S. needs to lay down discriminatory tariffs against the OPEC powers, taxing the imported barrel according as the producing nation is profiteering from the captive markets. Carter's references to permit the price of the U.S. oil to rise gradually to the market price are misleading.


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