Socialist Worker

Oil: 'The real price' and 'Who has it?' graphs

Issue No. 2113

The table shows the price of oil as measured by the value of the US Dollar in 2008. Following  the global panic caused by the Iranian revolution in 1979, the oil cartel Opec opened the taps, taming prices for a decade. This was interupted briefly by Iraq’

The table shows the price of oil as measured by the value of the US Dollar in 2008. Following the global panic caused by the Iranian revolution in 1979, the oil cartel Opec opened the taps, taming prices for a decade. This was interupted briefly by Iraq’


Who has oil?

Who has oil?



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