 Cocaine prices in the United States have dropped and the drug's purity increased, despite years of effort and nearly $5 billion spent by the U.S. government to combat Colombia's drug industry, the White House drug czar acknowledged in a letter to a key senator. The drug czar, John Walters, wrote Sen. Charles Grassley, R-Iowa, that retail cocaine prices fell by 11 percent from February 2005 to October 2006, to about $135 per gram of pure cocaine — hovering near the same levels since the early 1990s. In 1981, when the U.S. government began collecting data, a gram of pure cocaine fetched $600. The purity of this cocaine, meanwhile, has “trended somewhat toward former levels,” as well, Walters said in the letter, citing data from the U.S. Drug Enforcement Administration. Colombia supplies 90 percent of the cocaine consumed in the United States. Declining prices and rising purity could also suggest weakening demand, but several household and school-based surveys show that ...
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