Oil

7 years ago the average price for a barrel of crude oil was $11.91. Today it is around $68/barrel. Can someone please demonstrate to me that the strain on the supply today is 6 times the strain in 1998? I know it's a naive question. I don't give a damn.

Here's where I got my data


By the way, the conflict in Iraq has nothing to do with oil. I don't know if you had heard.