1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kicyunya [14]
3 years ago
14

Why did the oil industry experience hard times from 1985 to 2004

History
1 answer:
dolphi86 [110]3 years ago
3 0
In 1980, the price of oil all around the world was at its peak at the price of $35 US dollars per barrel which is around $109 US dollars per barrel in 2019 (once adjusted for inflation). The price then fell in 1986 from $27 US dollars to $10 US dollars ( $63 US dollars to $23 US dollars in 2019 dollars). The Glut had begun in the early 1980’s as a consequence of slowed economic activity within Industrial countries due to the 1970s crisis. I hope this helps you :)
You might be interested in
What is the biggest moument in texas
Triss [41]
The Austonian (Austin), Trammell Crow Center (Dallas), continental Center I (Huston)
6 0
2 years ago
Which industry employed more workers than any other manufacturing industry?
Dmitrij [34]

The manufacturing industry that most employed workers was the textile industry.

In the context of the Industrial Revolution, the textile industry developed the fastest. For the first time, clothing implements were produced on a large scale. In this context, England has become the largest supplier of fabric to the world, demanding a lot of manpower in the factories. Other countries that developed their textile industry also demanded a lot of labor. To this day, the textile industry demands many employees.

6 0
3 years ago
Read 2 more answers
during the french and indian war, the two sides were primarily fighting to control __________. a. north america’s interior b. th
svlad2 [7]
<span> a. north america’s interior</span>
4 0
2 years ago
Read 2 more answers
Jaden’s age is 1/8 of his mother’s age. His mother will be 40 years old in 8 years. In how many years will Jaden’s age be 3/7 of
Thepotemich [5.8K]

His mother will be 40 in 8 years. So, she is 32 now.

1/8 of his mother's age is 4, so, currently Jaden is 4 years old.

The difference are 28 years.

If he is currently 4 in 17 years he will be 21 years old and his mother will be 49,

21 is 3/7 of 49.

Therefore, the correct answer is, in 17 years.

3 0
2 years ago
Bases o the characteristics of a sovereign state, which of the following is a considered a true state?
zaharov [31]

Correct answer: C) France

North America is a continent geographically.  It is not all under a single government.

Los Angeles has significant population and some territorial size, but its city government is not sovereign.  It is under a state government (California) and a national government (the United States).

Similarly, Texas -- at this point in history -- is not independently sovereign, but is one of the 50 states that make up the USA as a true state with all the characteristics listed.  There was a time in Texas' history when it was a sovereign state on its own -- during the years of the Republic of Texas, which existed from 1836 to 1846.

5 0
3 years ago
Other questions:
  • Which event most directly caused the Glorious Revolution?A. James II's coronation B.the birth of a son to James II C.the Puritan
    5·2 answers
  • In the bass the river and sheila mant the narrator invites sheila to?
    11·1 answer
  • Why were civil war battles more deadly than battles in previous wars?
    13·1 answer
  • What did Carnegie say are three ways to use wealth?
    15·1 answer
  • Germany was blamed for the entire war.TrueFalse
    12·2 answers
  • Why did General MacArthur address Congress after he was fired?
    6·1 answer
  • Match the events to the appropriate administration?<br> [Picture]
    9·1 answer
  • What can the reader infer about Merlin when he says "Hereby is a sword that shall be yours"? A. He has power to influence people
    10·2 answers
  • How can citizens directly contribute to the common good by fulfilling their civic responsibilities
    15·1 answer
  • Questions all related to the scopes trial (you don’t have to answer all)
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!