Extremely expensive at that time: $37.42 per barrel. (equivalent to about $99.00 per barrel in 2010dollars)
It was actually much more than that. In 1971, the price of a barrel of oil was $3.60. By 1980, the price had skyrocketed to $37.24 per barrel; an increase of 934%
As of September 1, 2012 the price of a barrel of oil is $96.48. To see the current price of a barrel of oil see the related link below, which gives the current price of oil.
The average price for a barrel of crude oil in 2003 was $27.56
The average price for a barrel of oil in 1995 was: $16.75
The average price of a barrel of crude oil in 1992 was $15.99
It was actually much more than that. In 1971, the price of a barrel of oil was $3.60. By 1980, the price had skyrocketed to $37.24 per barrel; an increase of 934%
As of September 1, 2012 the price of a barrel of oil is $96.48. To see the current price of a barrel of oil see the related link below, which gives the current price of oil.
The average price for a barrel of crude oil in 2003 was $27.56
The average price for a barrel of crude oil in 2000 was $27.39
The average price for a barrel of oil in 1995 was: $16.75
In December 2009, the price of crude oil was $70.53 per barrel.
The price of a barrel of crude oil reached its highest 2008 price in the month of July when it hit $128.08 per barrel.
The oil in those barrels is crude oil. They hold 42 gallons.
The average price of a barrel of crude oil in 1992 was $15.99
The average price of a barrel of crude oil in 1965 was $2.86
The average price of a barrel of crude oil in 1967 was $2.92
The highest price for barrel of crude oil reached $128.08in July 2008.