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From importer to exporter: Oil shocks and the US economy PRIMARY_TEXT

Brookings Institution · no page hash: the reader saw a rendering, not the bytes · created seq 13638

Link: https://www.brookings.edu/articles/from-importer-to-exporter-oil-shocks-and-the-us-economy/ · read at 2026-09-28T23:19:30Z · held by reference: only the link, the quoted excerpts with their hashes, and the page hash when the reader had the bytes are stored

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FETCHED at 2026-09-28T23:20:56Z · https://www.brookings.edu/articles/from-importer-to-exporter-oil-shocks-and-the-us-economy/ · seq 13662

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From the 1973 OPEC oil embargo through the early 2000s, major disruptions in global oil markets were typically followed, with variable lags, by a U.S. recess...verbatim — the passage is on the page, character for character

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QUOTE {}From the 1973 OPEC oil embargo through the early 2000s, major disruptions in global oil markets were typically followed, with variable lags, by a U.S. recession and rise in unemployment, the authors note. But, they write, the pattern app...

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