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re: Questions about Reagan
Posted on 4/10/14 at 12:51 am to Bushmaster
Posted on 4/10/14 at 12:51 am to Bushmaster
I'm not sure about oil production and all that at the time, I wasn't born until 82', but I know places like Houma, Laff, Morgan City and so on had some major booms around that time up until the late 80s I believe there was a crash. May have been early 90s..... Not sure if Reagan had anything to do with being energy friendly
Him throwing dollars at the Afgans because he was scared of communism may have actually bit us in the arse 20 years later
Him throwing dollars at the Afgans because he was scared of communism may have actually bit us in the arse 20 years later
Posted on 4/10/14 at 12:59 am to SuperSaint
quote:
I'm not sure about oil production and all that at the time, I wasn't born until 82', but I know places like Houma, Laff, Morgan City and so on had some major booms around that time up until the late 80s I believe there was a crash. May have been early 90s..... Not sure if Reagan had anything to do with being energy friendly
Several factors precipitated the oil crash. Energy conservation measures started taking effect. Certain policy changes led to increased US production-some of them started under Carter, others under Reagan. OPEC was unable to control its members, meanwhile new non-OPEC sources came online like the North Sea and Nigeria. The final straw was when Saudi Arabia tried to regain market share by turning the taps wide open.
quote:
Him throwing dollars at the Afgans because he was scared of communism may have actually bit us in the arse 20 years later
This. Unintended consequences in spades. Then when the Soviets collapsed, we forgot about Afghanistan and left a destroyed country, young men with nothing to do and no future, and a lot of weapons lying around.
This post was edited on 4/10/14 at 1:02 am
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