HISTORY OF CRUDE OIL PRICES

Illinois Oil & Gas Association ^

[Sprite518]

Year, Month, Monthly Average, and Yearly Average

[Sprite518]

Here is a interesting historical chart of the price of a Barrel of Oil.

Total B.S. on how the price of Oil can sky rocket in one day on Wall Street even though it takes 6 weeks before it gets to the gas pump. Total B.S.

[Sprite518]

Here is the link,

http://www.ioga.com/Special/crudeoil_Hist.htm

[Sprite518]

I don’t know why the Republicans have not pointed this out to the public. They could totally capitalize on Obama failed policy. Furthermore, they could mention how Obama will not let us drill in the g]Gulf of Mexico, release the Strategic Oil Reserve, but gives 2 Billion to Brazil to allow exploration and drilling. Go figure?

[JohnKinAK]

Alaska has around $52 billion in various investments and saving accounts. I keep telling my State Rep and Senator to introduce a bill that takes out $100 million dollars or so to blitz the country with an ad campaign to open ANWR.

[haroldeveryman]

Oil prices are determined by the futures market. Only a few countries have the market power to set oil prices by adjusting their oil production, and one of them is NOT the United States.

[SunkenCiv]

Thanks Sprite518.