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Today WTI crude oil price passed €80/barrel.

That is, it shot up to 123.80 in dollars, while the Euro declined to $1.54.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Wed May 7th, 2008 at 04:22:01 PM EST
(Pegging the Euro to the (West) German Mark and using the successive German price indexes as deflator, we are still only on the 'plateau' level of the Second Oil Shock of the early nineties, with the peak just below an inflation-corrected €90/barrel.)

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Wed May 7th, 2008 at 04:24:15 PM EST
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