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Univ. of San Diego School of Law

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Saturday, September 15, 2007

Cocaine: Price Up, Purity Down

From USATODAY.com: Tough action by Mexico is driving down the cocaine supply in 26 U.S. cities, a recently declassified Drug Enforcement Administration analysis shows, an encouraging drop in narcotics crossing the border that law enforcement officials hope will continue.

As evidence of the short supply, prices have spiked sharply and purity has decreased since September 2006, says the analysis, which previously had not been made public. A gram of pure cocaine sold for about $118.70 in the spring, a 29% increase from last fall. Purity decreases when dealers add other ingredients, such as baby formula and sugar, to stretch the supply. Rest of Article. . . [Mark Godsey]

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