Greene, D.L.; Jones, D.W.; Leiby, P.N. - 2009
Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed … regains lost market share. The U.S. economy appears to be as exposed as it was in the early 1970s to losses from monopoly oil ….S. economy an approximately equal amount. The Strategic Petroleum Reserve appears to be of little benefit against such a …