Question:

History of oil prices?

by Guest61774  |  earlier

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When in the past has mere speculation and geo-political tension (not supply and demand) increased oil prices significantly? Please give dates, figures, names, and sources/references.

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2 ANSWERS


  1. The oil shock of the 1970's during the Carter administration was another incident; oil prices during WWII would be another example.  See the link below for all of the information.


  2. First time for everything and the two names are Cheney and Bush.
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