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A History of Oil's Booms And Busts

From the West Coast Gasoline Famine of 1920, which brought horses back into style, to the Arab oil embargo, here are the biggest boom and busts of the last century.

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From the West Coast Gasoline Famine of 1920, which brought horses back into style, to the Arab oil embargo, Christine Romans has a look at the biggest boom and busts of the last century. Oil's wild ride is definitely not for the faint of heart.