Bob McNally has worked with George Bush .
Energy expert Bob McNally noted , `` This is the first time since 1930 and ’ 31 that a massive negative demand shock has coincided with a supply shock ; '' in that case it was the Smoot–Hawley Tariff Act precipitating a collapse in international trade during the Great Depression , coinciding with discovery of the East Texas Oil Field during the Texas oil boom .
Socio-economic impact of the 2019–20 coronavirus pandemic