When.com Web Search

Search results

  1. Results From The WOW.Com Content Network
  2. 1980s oil glut - Wikipedia

    en.wikipedia.org/wiki/1980s_oil_glut

    The 1980s oil glut was a significant surplus of crude oil caused by falling demand following the 1970s energy crisis.The world price of oil had peaked in 1980 at over US$35 per barrel (equivalent to $129 per barrel in 2023 dollars, when adjusted for inflation); it fell in 1986 from $27 to below $10 ($75 to $28 in 2023 dollars).

  3. Oil in Oklahoma - Wikipedia

    en.wikipedia.org/wiki/Oil_in_Oklahoma

    From 1907 to 1930, Oklahoma and California traded the title of number one US oil producer back and forth. [1] Oklahoma oil production peaked in 1927, at 762,000 barrels/day, and by 2005 had declined to 168,000 barrels/day, but then started rising, and by 2014 had more than doubled to 350,000 barrels per day, the fifth highest state in the U.S. [2]

  4. Penn Square Bank - Wikipedia

    en.wikipedia.org/wiki/Penn_Square_Bank

    The bank was founded in 1960 and was located in the rear of the Penn Square Mall [2] in Oklahoma City. The bank made its name in high-risk energy loans during the late 1970s and early 1980s Oklahoma and Texas oil boom. Between 1974 and 1982, the bank's assets increased more than 15 times to $525 million and its deposits swelled from $29 million ...

  5. OKC's development has the vibe of the '80s oil boom. Are we ...

    www.aol.com/okcs-development-vibe-80s-oil...

    Skyscrapers, theme parks, and luxury: Oklahoma City in 2024 feels a lot like the '80s. What's going on? Does that mean we'll see another bust? Skyscrapers, theme parks, and luxury: Oklahoma City ...

  6. Historic downtown Oklahoma City building purchased, will be ...

    www.aol.com/historic-downtown-oklahoma-city...

    2000: Robinson Renaissance LLC acquires it for $4.425 million amid the first rush of local investment downtown since the 1980s oil bust. 2014 : The Commissioners of the Land Office buys the ...

  7. History of Tulsa, Oklahoma - Wikipedia

    en.wikipedia.org/wiki/History_of_Tulsa,_Oklahoma

    Following the "Oil Bust" of 1982-84 the title of "Oil Capital of the World" was relinquished to Houston. City leaders worked to diversify the city away from a largely petroleum-based economy, bringing blue collar factory jobs as well as Internet and telecommunications firms to Tulsa during the 1990s, and enhancing the already important aviation ...

  8. Why nearly $1M in annual prison payments to city of Hinton ...

    www.aol.com/why-nearly-1m-annual-prison...

    Faced with population decline and economic despair at the height of the 1980s oil bust, the Hinton Economic Development Authority issued public bonds in 1989 to build a 500-bed, privately owned ...

  9. Ponca City, Oklahoma - Wikipedia

    en.wikipedia.org/wiki/Ponca_City,_Oklahoma

    During the oil boom years of the 1980s, Conoco was owned by the DuPont Corp., which took control of the company in 1981. [11] After nearly two decades of ownership and an oil bust that crippled Oklahoma's economy in the late 1980s, DuPont sold off its Conoco assets in 1998. [ 11 ]