$100 oil, again?

Paul Krugman has a nice chart of oil in Feb. 2008 dollar. We are very close to the historical high. However, with recession mounting (or we're already in it), I don't think the price is sustainable. 
 
Real oil prices in Feb. 2008 dollars:
real oil price $100 oil, again?
 
 
 
 


 

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This entry was posted on Wednesday, February 20th, 2008 at 7:50 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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