Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Roebear who wrote (60814)	2/24/2000 12:46:00 AM
From: Brian P.	Read Replies (1) of 95453

<<A couple of bucks, after all, is not what it used to be. Back in 1981, unleaded gas pumped at about $1.40 a gallon. Measured in today's dollars, that would be close to $2.60. At its 1981 peak, crude oil cost $39 a barrel. That's $71 in 2000's money. And Americans have deeper pockets nowadays. "SUVs are expensive," says economist Joel Popkin. "If you can afford to buy one, you can afford to put gas in it." >> usnews.com In the same issue: Polar Meltdown Is the heat wave on the Antarctic Peninsula a harbinger of global climate change? usnews.com

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