WTI oil is nearly 112 a barrel now>if it exceeds 120 a barrel It beats oil prices when Russia invaded Ukraine in 2022 and there were a bunch of sanctions >it exceeds 130-140 a barrelIt is as expensive or more expensive as oil in the 70s, adjusting for inflation, after the oil embargo and the Iranian revolution>it exceeds 150 a barrel It beats the peak of oil prices in 2008
>>532218081I hate living in interesting times.
>>532218081If you ever planned on digging for oil in your backyard, this is the time. You never know.