The EIA reports:
The annual price of West Texas Intermediate (WTI) crude oil averaged $100 per barrel in 2008. The global economic slowdown is projected to cut these prices by more than half, to average $42 per barrel in 2009 and $53 in 2010—forecasts slightly lower than last month’s Outlook.
Source: EIA
You should show a chart of Natural Gas as well... That is a really dramatic picture...
ReplyDelete