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What else can I help you with?
How many US states produce crude oil?
THE ANSWER IS 31
When did the spindletop gush?
Oil was struck on January 10, 1901.
What year did Anthony Lucas struck oil at Spindletop?
1901
How much crude oil does Canada supply to the US each year?
Canada is America's largest foreign supplier of crude. In 2007, total oil exports to the U.S. exceeded 2.4 million barrels per day.
The production of US crude oil saw the smallest increase between which two decades?
1880-1900
What was the price of crude oil in the 1980s?
In 1977, the average price for a barrel of crude oil was $14.40 (about $60.00 in today's dollars).
What was the price of crude oil in the United States in 2000?
The average price for a barrel of crude oil in 2000 was: $26.72
Crude oil price in May 2007?
The average price for a barrel of crude oil in May 2007 was: $58.90
What was the price for crude oil in 1997?
In 1997, the average price for a barrel of crude oil was $18.64 (about $30.00 in today's dollars).
What is the Average price of crude oil the last 5 years?
From 2005-2010, the average price for a barrel of crude oil is: about $67.00.
Crude oil prices in 1976?
In 1976, the average price for a barrel of crude oil was $13.10 (about $50.19 today).
What was highest price per barrel of crude oil in 2008?
The highest price for barrel of crude oil reached $128.08in July 2008.
What was the price of oil in 1992?
The average price of a barrel of crude oil in 1992 was $15.99
What was the price of oil in 1965?
The average price of a barrel of crude oil in 1965 was $2.86
What was the Price of oil n1967?
The average price of a barrel of crude oil in 1967 was $2.92
What is the crude oil strip?
future price
What is the relationship between the price of crude oil and the US dollar?
In short, weakening of the US dollar, e.g., due to the weakening US economy, causes crude oil prices to go up. Strengthening dollar makes the price of crude oil to decrease. It is explained by the Purchasing Power Parity theory, which assumes that the producers of crude oil should get the same price for oil in their own currency, after exchanging dollars they receive for crude oil.
