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Dallas the TV series
Dallas - The Original Series
Questions for a Texan
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<blockquote data-quote="Kenny Coyote" data-source="post: 76591" data-attributes="member: 102"><p>Hi LastKidPicked!</p><p></p><p>I have a question which relates to the reason why JR hired Calhoun to blow up some Saudi Arabian oil fields. I doubt many people who live on the east coast know even as much as I know about this but I'm interested in learning more. So, here it is:</p><p></p><p>That storyline was based on a very real phenomenon The Southwest was going through at around that time called "the oil crunch." Just as shown on Dallas, the price of oil from the Middle East had dropped so far that it made it impossible or next to impossible for independent oil companies to pump a barrel of oil and sell it at a profit because the price they could sell it at had dropped so low! This was a devastating economic situation for the oil states. Some very major companies went out of business such as Braniff Airlines because of the oil crunch. Could you name some more big companies that went under. It got so bad, and people living in the oil states had so little money that they couldn't afford to spend money on entertainment. So rock bands and country bands that were touring the USA skipped over the oil states (Texas, Oklahoma, Louisiana, Mississippi) because hardly anyone would have had the money for concert tickets! Apparently entertainment of every single kind was affected. I heard that for a while there weren't even any hookers to be found on the streets of The French Quarter in New Orleans!</p><p></p><p>How long did the oil crunch last and approximately when did it begin and when did it end? What caused to finally end? If you have any interesting stories about that time period I'd love to hear them.</p></blockquote><p></p>
[QUOTE="Kenny Coyote, post: 76591, member: 102"] Hi LastKidPicked! I have a question which relates to the reason why JR hired Calhoun to blow up some Saudi Arabian oil fields. I doubt many people who live on the east coast know even as much as I know about this but I'm interested in learning more. So, here it is: That storyline was based on a very real phenomenon The Southwest was going through at around that time called "the oil crunch." Just as shown on Dallas, the price of oil from the Middle East had dropped so far that it made it impossible or next to impossible for independent oil companies to pump a barrel of oil and sell it at a profit because the price they could sell it at had dropped so low! This was a devastating economic situation for the oil states. Some very major companies went out of business such as Braniff Airlines because of the oil crunch. Could you name some more big companies that went under. It got so bad, and people living in the oil states had so little money that they couldn't afford to spend money on entertainment. So rock bands and country bands that were touring the USA skipped over the oil states (Texas, Oklahoma, Louisiana, Mississippi) because hardly anyone would have had the money for concert tickets! Apparently entertainment of every single kind was affected. I heard that for a while there weren't even any hookers to be found on the streets of The French Quarter in New Orleans! How long did the oil crunch last and approximately when did it begin and when did it end? What caused to finally end? If you have any interesting stories about that time period I'd love to hear them. [/QUOTE]
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Dallas the TV series
Dallas - The Original Series
Questions for a Texan
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