Talk:1990 oil price shock

Do economists actually believe that oil price was the result of a recession in the late 80's, rather than the fact that Kuwait's oil reserves were on fire and the middle east was in a state of war? I doubt it. I'm removing it for now. TastyCakes 07:53, 4 April 2006 (UTC)

Fair use rationale for Image:Pyat rublei 1997.jpg
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BetacommandBot 11:32, 6 July 2007 (UTC)

"Then-record" of 50.50 USD per barrel during crisis????
I have not found any other reference to this price. A graphic plotting Oil Prices is shown on article Price of petroleum and the line doesn't show a "record" price in 1990 (the line was higher in the 70's) and it doesn't even get close to 50 USD in 1990. — [ Unsigned .]
 * I took care of it. Looks like a mistake that has been here a long time, compounded by vandalism.  NJGW (talk) 18:11, 19 January 2009 (UTC)

Article rename
I see NJGW has renamed this article from 1990 oil price increase to 1990 oil price shock. I'm not sure I agree with this... I think "shock" is a far more subjective term than "increase". How brief does the escalation have to be to defined as a "shock"? "Increase", on the other hand, is a term where there is no confusion, no judgment has to be rendered each time the term is applied. NJGW says that everywhere he sees the period referred to as a shock. My argument would be that this is because he is looking at news outlets and other sources where objectivity is not an ultimate goal, as it is in Wikipedia. I think "increase" is the more descriptive, defensible term, and while "oil shock" may be a sexier way to refer to it, it should not be used as the title of the article. Also, I'm a little annoyed that the move apparently took place without any discussion. TastyCakes (talk) 17:48, 19 January 2009 (UTC)
 * Just going by what the sources call it. BTW, I used no "news outlets" for sources, so your judgment is incorrect.  NJGW (talk) 18:10, 19 January 2009 (UTC)

Dead link
During several automated bot runs the following external link was found to be unavailable. Please check if the link is in fact down and fix or remove it in that case!


 * http://www.swaminomics.org/articles/20030209_recession.htm
 * In 1990 oil price shock on 2011-05-25 05:52:56, 404 Not Found
 * In 1990 oil price shock on 2011-06-08 00:09:23, 404 Not Found

--JeffGBot (talk) 00:09, 8 June 2011 (UTC)

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