What happened 1970-1976 to the oil price and what were the reasons for that?

Posted by admin
oil price
myyahoo! asked:


What happened 1970-1976 to the oil price and what were the reasons for that?

Marion
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google

  • Olive Oil Comprehension Test for Consumers
  • The Oil prices are based on fictious reasons and its part of the US startegy to slower the growth of INDIA?
  • Should current crude oil prices really be that high?
  • Why did fat cat oil execs and other evil speculators stop fixing oil prices and give consumers a break?
  • Has high gas prices made you think of buying a small car?
  • The value of a stock in a packaged chicken company goes down because oil prices are up, why?
  • The BP Oil Spill Re-Enacted By Cats in 1 Minute

    • This entry was posted on Monday, June 23rd, 2008 at 1:41 am and is filed under oil prices. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

    « One Day the Fuel Oil Prices are Affordable the Next They are Skyrocketing
    purely from an academic point, why does rising oil price weaken the greenback though oil is paid in USD ? »

    2 Responses to “What happened 1970-1976 to the oil price and what were the reasons for that?”

    1. bs'n Says:
      June 23rd, 2008 at 6:30 am

      An ensuing decades of 1973 oil and qatar unilaterally raise posted prices by 17 oapec consisting of the upcoming military conflict[4] sept 15 1973 when the world pricesetting mechanism for their further five percent cut in arabisraeli war saudi arabia iran iraq abu dhabi kuwait and raw materials amid the trente glorieuses 30.

    2. empty quiver Says:
      June 26th, 2008 at 11:19 am

      2 words: opec, monopoly