- Articles - 2013- Blog:  Inflation Adjusted Oil Prices - Chart and History
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Inflation Adjusted Oil Prices
Oil Prices Adjusted for Inflation from 1980 to now.  Quotes and History
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Charts and current price quote for Crude Oil Prices

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August 28, 2013:  Oil Prices adjusted for inflation are down significantly from their all-time highs but the crisis in Syria has them up over $20 in recent weeks.  

From Chartoftheday.com1
Today's chart provides some long-term perspective on the price of a barrel of crude oil with a long-term chart of inflation-adjusted West Texas Intermediate Crude. Today's chart illustrates that most oil price spikes coincided with Middle East crises and often preceded or coincided with a US recession. The logic behind this is that a Middle East crisis can potentially disrupt an already tight oil supply and thereby drive crude oil prices higher. Also, rising oil / energy prices can, among other things, increase costs within the global economy's supply / distribution chain and thereby contribute to inflation which can in turn encourage governments to halt or reduce any plans to stimulate the economy. As a result of the escalating crisis in Syria along with fears that the crisis could spread to other nations, crude oil prices have begun to spike.
Chart of Oil Prices Adjusted for                          Inflation

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Note 1.  Source: Chart of the Day  "Journalists and bloggers may post the above free Chart of the Day on their website as long as the chart is unedited and full credit is given with a live link to Chart of the Day at"

Charts and current price quote for Crude Oil Prices

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