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October 22, 2022 - January 30, 2023
As it happened, though, the US economy limped through the rest of the 1970s (stagflation! 20 percent interest rates! factory closings!) and “recovered” in the 1980s when the last great discoveries of non-OPEC conventional oil came on-line to save the day: Prudhoe Bay in Alaska, the North Sea, Siberia, Mexico.
“We built a nation of scary places and became a nation of scary people.”