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Crude volatility : the history and the future of boom-bust oil prices / Robert McNally.

LIBRA HD9565 .M29 2017
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Format:
Book
Author/Creator:
McNally, Robert, 1963- author.
Series:
Center on Global Energy Policy series
Language:
English
Subjects (All):
Organization of Petroleum Exporting Countries.
Petroleum industry and trade--United States--History.
Petroleum industry and trade.
United States.
History.
Petroleum products--Prices--United States.
Petroleum products.
Petroleum products--Prices.
Petroleum reserves--United States.
Petroleum reserves.
Genre:
History.
Physical Description:
xvi, 315 pages ; 24 cm.
Place of Publication:
New York : Columbia University Press, [2017]
Contents:
Introduction: the Texas paradox
And then there was light: from chaos to order in the kerosene era (1859-1911)
No Rockefeller, no peace: boom-bust returns (1912-1933)
Why are oil prices prone to boom bust cycles?
The Texas era of price stability: US supply controls and international cartelization (1934-1972)
The birth of OPEC: 1960-1969
The transformational seventies, part two: 1970-1980
OPEC's rude awakening: 1981-1990
OPEC muddles through: 1991-2003
Twilight: OPEC's power to prevent price spikes ebbs and vanishes: 2004-2008
Oil's third boom-bust era: 2009-?
Epilogue: a challenge with no easy solution.
Notes:
Includes bibliographical references and index.
ISBN:
9780231178143
023117814X
OCLC:
950448234

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