Crude oil

Crude oil, in dollars per barrel, source:


Crude oil, in dollars per barrel, adjusted for inflation (M2 adjusted):


Crude oil, in dollars per barrel, adjusted for inflation and (diminishing) income of americans:


Note: In the year 2008 there was an extreme short term spike in oil price reaching 160 dollars per barrel. It is not visible in the chart, because I use annual data (of the last day of the year). But the long term trend is clear and unaffected.

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