oil price during 73 recession

oilluber · Heavy Crude Joined: Jul 03, 2005 Posts: 421

does anyone have a link for oil price pattern during the
1970's ??
I wanted to see what the recession did to the oil price ??
I am trying to decide whether to hold oil stocks through
what appears to be a 2006 US recession next year.

Also PE ratios were pretty low like in the 5's I believe for
the averages during the 74 period.

thanks

oilluber · Heavy Crude Joined: Jul 03, 2005 Posts: 421

i forgot to add that I found a chart of XOM
went from 3.2(1973) to about 1.75(1975),
so the oil stocks got hammered in that recession,
a supply crunch/inflation type recession.