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Originally Posted by fudpuck
Oil prices have doubled in the last year. Currently at about $67 a barrel. Here are some historical prices to compare it to...check out since 9/11...and keep in mind the current is the top of the chart. http://www.wtrg.com/oil_graphs/oilprice1947.gif
Last week it went up almost 2% a day. |
That chart is fucking useless because it is not adjusted for inflation. In real dollars oil was over $90 a barrel in the 1980s.