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Old 02-23-2012, 04:39 PM   #1
kanuck57
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Default What was the price for a barrel of oil 10 years ago ?
What was the price for a barrel of oil 10 years ago ?
http://www.ioga.com/Special/crudeoil_Hist.htm



Jan 2002 - $16.65
Feb 2002 - $18.88


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Old 09-08-2012, 03:25 AM   #2
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August 29, 1960 $3.00
OPEC was formed in 1960 with five founding members: Iran, Iraq, Kuwait, Saudi Arabia and Venezuela
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Old 09-08-2012, 10:24 AM   #3
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Oil has been reasonably stable in price if you use gold as a measure
of value . Suggesting suppliers to some extent peg the price to gold .


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