Adjusted for inflation, crude oil's high was $78 a barrel in 1980


Written on Friday, May 14, 2004 by Jessica

U.S. crude futures reach record high - May. 14, 2004
Sure, right now we're at an absolute high, but when adjusted for inflation, the price of crude is barely more than half what it was in 1980.

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1 Comment

  1. Jessica |

    I wrote this when oil was about $40 a barrel. Now it's $68.


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