04.03.03

Research Materials

Chronology of World Market Oil Events – 1970-2002


This is an extremely thorough chronicle of all the major events that have affected the world oil market from 1970-2002. It’s from the U.S. Department of Energy’s web site, and it’s super-extensive, detailing events on a month-by-month (and often day-by-day) basis. It has a chart of the price of oil over the 32-year time period, with the 64 most important events marked on the chart. The data behind the chart is available for download as well, and there’s even a page for the most recent months’ events. It currently goes up to February 28.

This isn’t about the PNAC directly, just background info for the bigger picture. U.S. involvement in the Middle East oil trade is a major part of the chronicle.

World Oil Market and Oil Price Chronologies: 1970 – 2002

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