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October 10, 2008 2:52:39 PM CDT

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US Cocaine Supply Plummets

Posted Oct 3, 07 5:46 AM CDT in World,  US 

(Newser) – The cocaine supply has dropped sharply in the last year in 37 US cities, which law enforcement officials attribute to a crackdown on drug cartels by Mexican authorities and a record volume of drugs seized at sea. New York, Los Angeles and San Francisco were among major cities experiencing sharp reductions in supply. The shortage has driven the price of cocaine to its highest level in almost 20 years.

In just the six months ending in June, the cost of a pure gram of cocaine jumped 24% to $119. The statistics, reported by the Office of National Drug Control Policy, comes as the Bush administration prepares to ask Congress for nearly $1 billion to help Mexico continue to fight traffickers.

Source Los Angeles Times

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Graphic charts the mean price of cocaine.   (Associated Press)
Colombian police officers inspects packages of cocaine seized in Cartagena, Colombia, Tuesday, Oct. 2, 2007. About two tons of cocaine were seized. (AP Photo)   (Associated Press)
A Colombian anti-narcotic police officer takes samples from a package of cocaine in Tumaco, Colombia, Thursday, Aug. 23, 2007. According to police officials nearly 3.5 tons of cocaine were seized from...   (Associated Press)
Members of the Nicaragua's National Police take samples from a package of cocaine in Ciudad Sandino, Nicaragua, where nearly 500 kg. of cocaine and heroin were seized during an operation, Monday, Aug....   (Associated Press)
A member of the Nicaragua's National Police carries packages of cocaine in Ciudad Sandino, Nicaragua, where nearly 500 kg. of cocaine and heroin were seized during an operation, Monday, Aug. 13, 2007....   (Associated Press)
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Los Angeles  • New York  • Mexico  • San Francisco  • cocaine  • San Diego  • drug trafficking  • Felipe Calderon  • drug cartel  • War on Drugs


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