Post-war expansion: The tables are turned ///

The Post-War era brought rising oil production to both the U.S. and countries worldwide. As economies strengthened, manufacturers improved facilities, new prospective areas were opened, and foreign oil producers gained more autonomy and strength. World oil production increased from 10.4 MMbpd in 1950, to nearly 42 MMbpd by 1969. This happened, despite an avalanche of nations gaining independence from former colonial rulers, increased tensions between the East and West, and the beginning of fundamentalist terrorism.

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