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  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. 1970s energy crisis - Wikipedia

    en.wikipedia.org/wiki/1970s_energy_crisis

    The major oil-producing regions of the U.S.—Texas, Oklahoma, Louisiana, Colorado, Wyoming, and Alaska—benefited greatly from the price inflation of the 1970s as did the U.S. oil industry in general. Oil prices generally increased throughout the decade; between 1978 and 1980 the price of West Texas Intermediate crude oil increased 250 ...

  4. 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. [2] 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 ...

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

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

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  6. 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 ...

  7. 1979 oil crisis - Wikipedia

    en.wikipedia.org/wiki/1979_oil_crisis

    Oil prices did not return to pre-crisis levels until the mid-1980s. [4] Oil prices after 1980 began a steady decline over the next 20 years, except for a brief uptick during the Gulf War, which then reached a 60% fall-off in the 1990s. Mexico, Nigeria, and Venezuela's major oil exporters expanded their production during this time.

  8. Is Pornhub blocked in Oklahoma? Adult site shuts down in ...

    www.aol.com/pornhub-blocked-oklahoma-adult-shuts...

    In December 2020, after a New York Times expose of non-consensual pornography and sex trafficking on the site, Pornhub deleted over 6 million videos and began allowing uploads only from verified ...

  9. Cushing, Oklahoma - Wikipedia

    en.wikipedia.org/wiki/Cushing,_Oklahoma

    The oil boom did not last long. Production peaked in 1915 with 8.3 million barrels of oil, but went down by 50% in 1916. During the 1970s and 1980s refining operations continued in Cushing until the last two refineries, Kerr-McGee and Hudson, closed. Rail service ended in 1982. [7]