The Importance of OPEC's Increase in Prices

The Shah was brought into complete power due to a UK US orchestrated coup in response to Iran nationalizing its oil. The Shah thought that Iran would become the fifth most industrialized country in the world in five years. He asked because he was cheaper to use oil as a fuel to provide 24 hours ventilation than to have door knobs open windows etc. This he said was what the afferent societies of the world did if provided with cheap oil and this was what had indeed happened over the last 25 years.