baphnedia: (Default)
[personal profile] baphnedia
Or tuckuss (however you spell that)

Ganked from USA TODAY:

Sweet Crude Oil, per barrel, a tail of OMG

20020207 Last time price was below $20 (at $19.64)
20031201 Last time price was below $30 (at $29.95)
20041001 First time price was above $50 (at $50.12)
20050713 First time price was above $60 (at $60.01)
20060417 First time price was above $70 (at $70.40)
20070913 First time price was above $80 (at $80.09)

Nope! No inflation here! Anyone up for finding the average (even for an area) prices on these dates (or months) to see just how ugly things coincide?

EDIT: My little birdie says that oil will cost over $100 per barrel sometime in 2008 - six years and a 500% increase in price.
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March 2012

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