1924 United States presidential election in Utah 1924 United States presidential election in Utah The 1924 United States presidential election in Utah took place on November 4, 1924. All contemporary forty-eight states took part, and Utah voters selected four voters to the Electoral College, who voted for president and vice president. Rapid recovery of the economy from a sharp recession following World War I transformed the 1920s into a strongly Republican decade. Even the problematic issue of a farm depression had eased by the time of the election as prices recovered. It was also widely thought that the Teapot Dome scandal could do nothing to revive the
World oil market chronology from 2003 use hydraulic fracturing in the United States, combined with the US$12 million upfront well drilling and construction costs, provide incentives to oil producers to continue to flood the already glutted market with under-priced oil in spite of crude oil storage limitations. Many less efficient and less productive older wells were shut down but these shale oil wells continue to increase production while making a profit in a market where crude oil is priced as low as US$50 a barrel. In 16 April the price of WTI hit a high of $56.52 for 2015 following the publication of the monthly review