It was the end of a decade in which oil prices had undergone two dramatic increases, and most of the various geniuses of the day were confidently predicting that they would continue to soar, from under $40 per barrel – a historic high at that time – to above $100.
Era el final de una década en la que los precios habían tenido dos aumentos espectaculares, y gran parte de los genios de la época estaban seguros de que continuarían disparándose, de 40 dólares el barril –máximo histórico de aquel entonces– hasta superar los 100 dólares.