It was $87 a barrel at its peak in 2008. I remember because above $70/barrel fracking with the tech at the time was profitable. We could make it profitable with ~$55/barrel with current tech.
$140/brl and $180 inflation adjusted.
https://www.macrotrends.net/1369/crude-oil-price-history-chart
With a nice self correcting dip, crazy that it spiked like that for 6 months.
It was a shit time for many reasons. It's hard to believe that it was only 7 years after 9/11, when oil was below $20/brl and that was before the fracking boom.
Notice that since we went to the petrodollar, they've tried to manipulate the price of oil but the dips average out the peaks to an overall stable average. That is because you cannot manipulate energy since it is a finite resource, that requires real human effort to produce. Energy cannot be created or destroyed unlike fiat currency.
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