You Can of Course Live the American Dream, Provide That You Abandon Your Morals, or Have Won the Lottery
(wtfhappenedin1971.com)
History
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (10)
sorted by:
Tied into the gold window being closed is U.S. oil production peaking in 1971 in terms of ROI. Today's production is much more expensive to produce a similar level of oil. U.S. industry has never recovered, not even during the Alaskan oil boom.