"Historians will look back on 2008 as the first time in modern memory that spare capacity ran out without a war in the Persian Gulf, and OPEC failed to cap prices," says Mr McNally.

“历史学家一回顾起2008年便记得这是现代历史上首次在不发生波斯湾战争的情况下闲置产能被消耗殆尽，OPEC未能遏制价格上涨，”麦克纳利如是说。

youdao

“Historians will look back on 2008 as the first time in modern memory that spare capacity ran out without a war in the Persian Gulf, and OPEC failed to cap prices,” says Mr McNally.

“历史学家一回顾起2008年便记得这是现代历史上首次在不发生波斯湾战争的情况下闲置产能被消耗殆尽，OPEC未能遏制价格上涨，”麦克纳利如是说。

youdao

Invading Iraq was presented as a panacea for almost every international ill: terrorism, the Israel-Palestinian conflict, Persian Gulf instability, dictatorship, proliferation, high oil prices.

FORBES: Move up http://i.forbesimg.com t Move down

If prices were to rise sharply for reasons other than a Persian Gulf supply choke-off, it would be because of strong economic growth around the world.

FORBES: Truckers: Don't Fear Higher Diesel Prices