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  • dhrosier dhrosier Jun 8, 2012 10:41 AM Flag

    PRICE TARGET $40

    1980 decontrol proves your "free market" point. In the floor debates Senator Ted Kennedy wheedled that if we decontrol oil poor people will not be able to buy gasoline.

    When controls were lifted, a flood of exploration companies brought so many new producing oil and gas wells online that by 1985 some companies were going bankrupt from the competition.

 
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