https://www.piie.com/blogs/realtime-economics/2009/was-2008-oil-price-spike-bubble
Was the 2008 Oil Price Spike a "Bubble"? | PIIE
May 7, 2026 - As oil prices have begun to rise in 2009, the question is whether the world is in for another oil price spike similar to the one in early 2008 that could choke...
2008 oil price spikea bubblepiie