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> The OPEC oil crisis was only 6 months No, prices were super-high for more than a decade, before returning to let's say roughly double the pre-crisis price fo
by iguy 6y ago
> The OPEC oil crisis was only 6 months
No, prices were super-high for more than a decade, before returning to let's say roughly double the pre-crisis price for the 90s, then spiking again.
Or regarding recent decades as normal, 1922-1972 was a window of steady low prices.
https://i.insider.com/58593c27ca7f0c20008b6b76?width=800&format=jpeg https://i.insider.com/58593c27ca7f0c20008b6b76?width=800&for...