01931cam a2200337 i 4500 127327 20230410115723.0 161117s2017 nyua b 001 0 eng 2016040220 9780231178143 (cloth : alk. paper) HG 4928.5 M478c 2017 McNally, Robert, 1963- author. Crude volatility : the history and future of boom-bust oil prices / Robert McNally. New York : Columbia University Press, [2017] xvi, 315 pages : illustrations ; 24 cm. text txt rdacontent unmediated n rdamedia volume nc rdacarrier Center on Global Energy Policy series Includes bibliographical references and index. 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. Petroleum industry and trade United States History. Petroleum products Prices United States. Petroleum reserves United States. Industria y comercio del petróleo z Estados Unidos x Historia. Productos del petróleo Precios Estados Unidos. Reservas de petróleo z Estados Unidos. Organization of Petroleum Exporting Countries. lcc bk SH 46671 46671 0 0 lcc 0 0 CS BJB BJB CS 2023-04-10 1 0 HG 4928.5 M478c 2017 00000118747 2018-10-24 00:00:00 1 2018-10-24 bk