The findings appear to contradict claims by U.S. law enforcement officials that the drug has become more expensive. "[Over] the last two years there's been a sustained increase on the price of cocaine," said Drug Enforcement Administration operations chief Tom Harrigan in a recent interview with ABC News. Harrigan credited efforts by the United States, Mexico and local U.S. governments.
But the retail price for cocaine in 2007, the most recent year studied, was less than half what it was in 1984, when Jay McInerney's novel of a coke-addled Manhattanite, "Bright Lights, Big City," was first published, according to the report by the policy group Washington Office on Latin America, which cited a newly-released analysis by the White House Office of National Drug Control Policy. - ABC News Story
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