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2 May, 16:17

In 1983 oil prices in texas fell from $34 to $10 per barrel causing oil firms to struggle to stay in business which ultimately led to many Texans losing their jobs this period of great profits followed by a sharp decline is known as

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  1. 2 May, 17:12
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    Deflation is what this is
  2. 2 May, 18:01
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    Deflation is when the prices dropped and sorry to you fellow texans of 1983 that lost their jobs
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