There was a dramatic fall in the price of oil in:
A) the early 1970s.
B) the early 1980s.
C) the early 1990s.
D) the late 1990s.

Name: There was a dramatic fall in the price of oil in: A) the early 1970s. B) the early 1980s. C) the early 1990s. D) the late 1990s.
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Question

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The dramatic fall in the price of oil occurred in the early 1980s when the Organization of the Petroleum Exporting Countries (OPEC) increased production, causing a supply glut and dropping oil prices from around $40 to below $10 per barrel.

There Was a Dramatic Fall in the Price of Oil