encouraged Saudi Arabia to lower the price of oil
loool... this is really funny..
the price of oil collapsed as a direct effect of post 1979 energy crisis measures, which extended the natural cyclical nature of oil pricing. For example, the economical car models designed in a peak of the crisis in 79-82 did not hit production lines until mid 80ies.
saudis cannot control the oil prices even if they wanted too, it's been proven time and time again, but even if they could they would collapse their economy to cater to Regans agenda.
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Человек, который почувствовал ветер перемен, должен построить не щит от ветра, а ветряную мельницу