The trend is down.
Crude oil price, August of year.
2008: $118
2009: $72
2010: $74
2011: $85
2012: $95
2013: $109
2014: $96
2015: $41
2016: $47
Now: $47.8
Source: The Spectator Index
The trend is down.
Crude oil price, August of year.
2008: $118
2009: $72
2010: $74
2011: $85
2012: $95
2013: $109
2014: $96
2015: $41
2016: $47
Now: $47.8
Source: The Spectator Index