the history and future of boom-bust oil prices McNally, Robert 1963- creator author. text bibliography nyu 2017 monographic eng

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xvi, 315 pages : illustrations ; 24 cm. 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. Robert McNally. Includes bibliographical references and index. Petroleum industry and trade United States History Petroleum products Prices United States Petroleum reserves United States Industria y comercio del petróleo Productos del petróleo Precios Estados Unidos Reservas de petróleo Organization of Petroleum Exporting Countries. HG 4928.5 M478c 2017 9780231178143 (cloth : alk. paper) 2016040220 161117 20230410115723.0 127327