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CIA Reading Room cia-rdp90-00965r000100150013-4: BITTER LESSON FOR OPEC

Declassified in Part - Sanitized Copy Approved for Release 2012/08/29: CIA-RDP90-00965R000100150013-4 rAcl-LC - 7 Jack Anderson Bitter Lesson For OPEC WASHINGTON POST 12 DECEMBER 1982 Secret intelligence reports not only indicate that the oil cartel has been broken, but raise the suspicion. that there never was a genuine oil crisis in the first place. - The 40-fold rise in oil prices since 1969 has had much to do with the present economic and political sickness of the Western World. Yet there is proof all around us of the need lessness of it all?the oil glut everywhere, th disarray and vulnera…