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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (7424)4/16/2008 11:01:13 AM
From: Wharf Rat  Read Replies (1) | Respond to of 24233
 
tonto.eia.doe.gov

EIA tables for average prices for all crude types by day, week, month and year. March avg. for WTI was $105.45, te first month over $100. Since november it has been above $90.

Annually as follows:

2000 30.38
2001 25.98 -14.5%
2002 26.18 - .7%
2003 31.08 + 18.72 %
2004 41.51 +33.56%
2005 56.64 +32.43%
2006 66.05 +16.61%
2007 72.34 +9.52%
2008Q1 97.94 my calculation +35.38%

Just a little arithmetic here to see where we are at pricewise relatively speaking. Last year was not bad at all and 2008 looks real bad if the prices hold and even keep on climbing we could see an average price up 50% or more yoy.

galacticsurfer on April 16, 2008 - 8:40am