Buckle Up!
Tim Barker: Oil Prices, 1 June 2017
Crude Volatility: The History and the Future of Boom-Bust Oil Prices
by Robert McNally.
Columbia, 300 pp., £27.95, January 2017,978 0 231 17814 3 Show More
by Robert McNally.
Columbia, 300 pp., £27.95, January 2017,
“... unsustainable co-ordination between businesses and governments. In 1931, as global depression took hold and prices fell, the governor of Oklahoma shut down oil wells by military force, declaring that ‘the price of oil must go to $1 a barrel; now don’t ask me any more damned questions.’ Price stability grows from the barrel of a gun, not the ... ”