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Business History Review (2010) 84#2 : 301–328. Andreano, Ralph. "The structure of the California petroleum industry, 1895-1911." Pacific Historical Review (1970): 171–192. in JSTOR; Blackford, Mansel G. The politics of business in California, 1890-1920 (Ohio State University Press, 1977) Davis, Margaret Leslie.
In 1934, the U.S. Bureau of Labor Statistics began the computation of a daily Commodity price index that became available to the public in 1940. By 1952, the Bureau of Labor Statistics issued a Spot Market Price Index that measured the price movements of "22 sensitive basic commodities whose markets are presumed to be among the first to be influenced by changes in economic conditions.
A commodities exchange is an exchange, or market, where various commodities are traded. Most commodity markets around the world trade in agricultural products and other raw materials (like wheat , barley , sugar , maize , cotton , cocoa , coffee , milk products, pork bellies , oil , and metals ).
Crude Politics: The California Oil Market, 1900–1940 (U of California Press, 2005). Tompkins, Walker A. Little Giant of Signal Hill: An Adventure in American Enterprise (1964) * Welty, Earl M, and Frank J Taylor. The 76 bonanza: The fabulous life and times of the Union Oil Company of California (1966) 351pp
The commission set the price of gas below the market rate, resulting in price distortions. The low prices encouraged consumption and discouraged production. By the 1970s, there were shortages of price-regulated interstate gas, while unregulated gas within the gas-producing states (intrastate gas) was plentiful, but more expensive.
Photos shows mudslides, floods after storm in Southern California Mud lies on a street, following a mudslide, in Malibu, Los Angeles, California, U.S., February 13, 2025.
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Insurance and utility stocks with California exposure took a hit Friday as Los Angeles firefighters continued to attempt to contain wildfires that have destroyed thousands of structures and left ...