From Evan Davis:
It’s clear that $100 a barrel is very high. Although it’s worth saying, it’s still not a record.
1864 was in fact the most expensive year for oil. It was over $104 in today’s money. .
From Evan Davis:
It’s clear that $100 a barrel is very high. Although it’s worth saying, it’s still not a record.
1864 was in fact the most expensive year for oil. It was over $104 in today’s money. .

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Tim, also known as the Undercover Economist, writes about the economics of everyday life.
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