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The Development of 40 Years of Crude Oil History
The development process of 40 years of crude oil history is full of political cycles, debates over new and old energy sources, and fluctuations in international relations. This seems to be a recurring story, not a new topic. The bipartisan system in the United States has experienced continuous fluctuations in energy and geopolitics, which has had a cyclical impact on oil prices. 1. Reagan and Bush Era: Common Enemy Promotes the US Saudi Arabia Alliance In the 1980s, American politics underwent a series of changes. The Iranian revolution and oil crisis led Reagan to win over Carter as president. This period marked the ... (full story)