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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (319410)1/8/2007 4:30:55 PM
From: longnshort  Read Replies (1) | Respond to of 1578456
 
From Wikipedia, Saudi Arabia and other OPEC nations increased production to offset the decline, and the overall loss in production was about 4%. However, a widespread panic resulted, driving the price far higher than would be expected under normal circumstances. In the United States, the Carter administration instituted price controls.