Crude volatility: the history and the future of boom-bust oil prices

Introduction: the Texas paradox

And then there was light: from chaos to order in the kerosene era (1859-1911)

No Rockefeller, no peace: boom-bust returns (1912-1933)

Why are oil prices prone to boom bust cycles?

The Texas era of price stability: US supply controls and international cartelization (1934-1972)

The birth of OPEC: 1960-1969

The transformational seventies, part two: 1970-1980

OPEC's rude awakening: 1981-1990

OPEC muddles through: 1991-2003

Twilight: OPEC's power to prevent price spikes ebbs and vanishes: 2004-2008

Oil's third boom-bust era: 2009-?

Epilogue: a challenge with no easy solution.