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Sold for: $1.3 million The 1979 Kenner Star Wars Rocket-Firing Boba Fett action figure is one of the most legendary collectibles in the toy world, renowned for its rarity and the intrigue ...
March: Amoco Cadiz tanker runs aground off the coast of France, spilling 1.6 million barrels (250,000 m 3) of crude oil. (Largest crude spill to date.) June Iran and Saudi Arabia block efforts of OPEC price hawks to fix the price of OPEC oil in a currency more stable than the U.S. dollar. Say world economy cannot support associated price increases.
The major oil-producing regions of the U.S.—Texas, Oklahoma, Louisiana, Colorado, Wyoming, and Alaska—benefited greatly from the price inflation of the 1970s as did the U.S. oil industry in general. Oil prices generally increased throughout the decade; between 1978 and 1980 the price of West Texas Intermediate crude oil increased 250 ...
Technically, anything over 20 years old can be coined "vintage." But when you truly think of items worth this title, your brain doesn't go to Beanie Babies. Instead, it conjures up images of vinyl...
Dollars paid to oil-producing nations (petrodollar recycling)—a term invented in the 1970s meaning trading surpluses of oil-producing nations. [1] Currencies of oil-producing nations which tend to rise in value against other currencies when the price of oil rises (and fall when it falls). [2]
While Americans struggle to pay for necessities like food and gas, oil companies are raking it in. Exxon Mobil reportedly made a $17.85 billion profit for the second quarter, and Chevron came in ...
The United States weaned itself off the gold standard in the 1970s, allowing the price of gold to float. The price of gold went from a set exchange rate of $42.22 per troy ounce in 1973 to almost $200 per ounce in 1976. [9] [verification needed] Price of gold 1915-2022
Whether due to their nostalgic appeal, rarity, or cult status, here are 12 collectible toys from the 1970s that are worth far more (think in the high thousands) than you might imagine. 1. Star ...