(Archived document, may contain errors) 204 August 17, 1982 REAGAN'S FADING EMERGY AGENDA IN TRODUCTION To a beleaguered energy industry, the Republican 1980 election victory, capturing control of the Senate as well as the Presidency seemed too good to be true. The four years of the Carter Admini stration had been marked by a growth of federal in tervention in the energy market unparalleled in American history.
At the peak of the energy crisis, in 1979, Congress sought to spur offshore energy exploration by enacting the Outer Continental Shelf Leasing Act Amendments OCSLAA.