prices plummeted

  • 1History of the Venezuelan oil industry — Venezuela is the fifth largest oil exporting country in the world with the largest reserves of heavy crude oil. Pre discovery years 1907In the years before the Spanish conquistadors, the indigenous people of Venezuela had already encountered… …

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  • 2Economy —    With the exception of a brief period of entrepreneurial experimentation under Vladimir Lenin’s “New Economic Policy” (NEP) from 1921 to 1928, the Soviet economy was historically dominated by the state. Joseph Stalin’s centrally planned… …

    Historical Dictionary of the Russian Federation

  • 3United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …

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  • 4Tulip mania — A tulip, known as the Viceroy , displayed in a 1637 Dutch catalog. Its bulb cost between 3000 and 4200 florins depending on size. A skilled craftsman at the time earned about 300 florins a year.[1] Tulip mania or tulipomania (Dutch names include …

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  • 5History of Georgia (U.S. state) — The History of Georgia spans Pre Columbian time to the present day.PrehistoryBefore European contact, Native American cultures are divided into four time periods: Paleoindian, Archaic, Woodland and Mississippian. The Mississippian culture,… …

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  • 6Agriculture in Uganda — Uganda s favorable soil conditions and climate have contributed to the country s agricultural success. Most areas of Uganda have usually received plenty of rain. In some years, small areas of the southeast and southwest have averaged more than… …

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  • 7Saudi Arabia — a kingdom in N and central Arabia, including Hejaz, Nejd, and dependencies. 20,087,965; ab. 600,000 sq. mi. (1,554,000 sq. km). Cap.: Riyadh. Cf. Mecca. * * * Saudi Arabia Introduction Saudi Arabia Background: In 1902 Abd al Aziz Ibn SAUD… …

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  • 81973 oil crisis — Further information: 1973 world oil market chronology 1973 Oil Crisis Other names Arab Oil Embargo The 1973 oil crisis started in October 1973, when the members of Organization of Arab Petroleum Exporting Countries or the OAPEC (consisting of the …

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  • 9Feed-in tariff — Part of a series on Green economics Concepts …

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  • 10energy — /en euhr jee/, n., pl. energies. 1. the capacity for vigorous activity; available power: I eat chocolate to get quick energy. 2. an adequate or abundant amount of such power: I seem to have no energy these days. 3. Often, energies. a feeling of… …

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