Phrases with «oil bust»

The phrase "oil bust" refers to a sudden and significant decrease in the price of oil, leading to a decline in the profitability of the oil industry. It can result in job losses, economic downturn, and financial struggles for companies and regions heavily reliant on oil. Full definition

oil (parent phrase)
bust (parent phrase)

oil bust

Sentences with «oil bust»

That all changed in the 1980s, when the state got badly burned by the now infamous oil bust. (hechingerreport.org)
More than a year into the worst oil bust in a generation, companies keep tallying the carnage. (news.peak-oil.org)
This is especially true in a changing market when local prices either take off dramatically or plunge precipitously, like during the Texas oil bust of the 1980s. (rismedia.com)
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Phrases with «oil bust»

Sentences with «oil bust»

See also