Here's An Annotated Chart Of Oil Prices Since The Lincoln Presidency
From businessinsider.com
Today, BP released its statistical energy review for 2014. Among the highlights: Energy consumption accelerated despite sluggish economic growth Coal was the world's fastest-growing energy source, thanks to China and India Average oil prices exceeded $100 per barrel for a third consecutive year, despite massive supply growth in the US. But our favorite chart is here: It shows the price of oil every year since Abraham Lincoln became president. It's annotated with major oil shock events — though the first major event cited, the oil gusher in Titusville, Pennsylvania is slightly misleading. That in itself did not cause ...
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