Oil price: the stormy seas

It was 1978, Demand for oil was high, supply appeared tight and governments were beginning to stockpile supplies in order to avoid a repeat of the supply crisis of 1973 when Saudi Arabia cut production to support oil price. That was the year that this (then) newly married, newly qualified US attorney-at-law relocated to England and took up her first oil industry employment. The oil price was around $14 per barrel.