Crude oil prices 1861 - 2006

Pennsylvania oil boom
Date	Price in US$ (money of the day)	US$ (2006)
1864	8.06	104.35

Russian oil exports start
Date	Price in US$ (money of the day)	US$ (2006)
1876	2.56	48.64

Rebuilding post World War Two
Date	Price in US$ (money of the day)	US$ (2006)
1948	1.99	16.74

Arab oil embargo
Date	Price in US$ (money of the day)	US$ (2006)
1974	11.58	47.54

Iranian revolution
Date	Price in US$ (money of the day)	US$ (2006)
1979	31.61	88.13

Iran-Iraq war starts
Date	Price in US$ (money of the day)	US$ (2006)
1980	36.83	90.46

Iraq's invasion of Kuwait
Date	Price in US$ (money of the day)	US$ (2006)
1990	23.73	36.76

Asian economic crisis
Date	Price in US$ (money of the day)	US$ (2006)
1998	12.72	16.22

China 2nd biggest oil consumer
Date	Price in US$ (money of the day)	US$ (2006)
2003	38.27	40.83

Year-to-date average
Date	Price in US$ (money of the day)	US$ (2006)
*2007	65.57	65.57