recommend reading per "Lel Bruce Peto" oil 80's chronology..

• From: <info@lelpeto.com>
• Date: Sat, 15 Feb 2003 04:12:56 -0600 (CST)
• To: semantic-web@w3.org
• Message-ID: <16415.64.12.102.159.1045303976.squirrel@www.lelpeto.com>

recommended reading per "Lel Bruce Peto" oil 80's chronology..
Oil & Gas Chronology :  The 1980’s

 
 1980
Mar 1 

Windfall Profits Tax enacted.

May 

Saudi Light raised to $28.00 per barrel, retroactive to April 1.

Apr-Sep 

Buy-Sell Program allocations drop to average of 120,000 B/D for period 
April to September 1980. 

Sep 17 

Iraq breaks 1975 treaty with Iran and proclaims sovereignty over Shatt al-
Arab waterway.

Sep 23 

Iraq invades Iran. Mutual bombing of installations.

Nov 10 

Iraq captures southern port of Khorramshahr.

Nov 20-24 

U.N. gulf war mediator Olaf Palme makes first unsuccessful peace shuttle 
between Tehran and Baghdad.

Dec 

Collapse of OPEC's pricing structure. Saudis use $32 per barrel marker, 
others use $36 per barrel benchmark. 

Received on Saturday, 15 February 2003 04:33:07 UTC