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2004-05-22 Home Front: Economy

Crude Oil Prices 1996-2004

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Posted by Jesika Espinola 2004-05-22 19:03|| || Front Page|| [4 views since 2007-05-07] Top

#1 Peak in '96, peak in '00, peak in '04...Must be sunspots or something.

Posted by Mr. Davis 2004-05-22 9:14:09 PM|| 2004-05-22 9:14:09 PM|| Front Page Top

#2 http://poorandstupid.com/2004_05_16_chronArchive.asp#108503385502780598

maybe a longer (adjusted) timeline would be helpful.

Posted by Anonymous 2004-05-22 9:47:18 PM|| 2004-05-22 9:47:18 PM|| Front Page Top

#3 A: that is also gas prices as opposed to crude oil. The corellation between the two is not 1. it was about .8 the last time I checked.

Posted by Mr. Davis 2004-05-22 10:12:34 PM|| 2004-05-22 10:12:34 PM|| Front Page Top

#4 Check the listed website 'crude oil prices 1920 to 2004'.

Posted by Mark Espinola 2004-05-23 3:44:38 AM|| [http://www.sharelynx.com/chartsfixed/CRUDEOILlt.gif] 2004-05-23 3:44:38 AM|| Front Page Top

#5 This chart displays unleaded gasoline price trending from 1984 through the end of 2003. The chart does not show the current spike in prices, since 2004 is still underway.

Posted by Mark Espinola 2004-05-23 3:47:32 AM|| [http://www.sharelynx.com/chartsfixed/UNLEADEDGAS.gif] 2004-05-23 3:47:32 AM|| Front Page Top

#6 This link provides a heating oil price chart from 1978 through the end of 2003 clearly indicating very bullish trending and sudden drops directly after heating oil peaked. The coming winter of 2004-5 will most likely see heating oil bolt up even further then any previous spike contingent on 'petrol-events' in the Mid-East.

If Iran, OPEC's second largest crude oil exporter becomes 'directly' involved against Coalition forces over the Iraqi counter terrorist war, the prices of both heating oil & natural gas will indeed soar to all time record highs, coupled with the cost of all portions of the global energy complex.

If counter jihad war is broaden into terrorist supporting rouge state of radical Islamic Iran, during the middle of the upcoming winter, not only energy will become far more costly than present, but the rate of inflation could also climb to 1979-1980 levels. Then again, If Iran is not dealt with inflation may be the least of our concerns.

Posted by Mark Espinola 2004-05-23 4:03:11 AM|| [http://www.sharelynx.com/chartsfixed/HEATINGOIL.gif] 2004-05-23 4:03:11 AM|| Front Page Top

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