At a station near my daughter's apartment, gas is $2.14. Some market analysts think oil will hit $40 p/barrel in 2015 which would be the lowest since the 80s.
When the U.S. launched "shock and awe" in March 2002 oil went over $50 a barrel. Do I remember correctly?
Basically correct. Actually, prices started to accelerate in 2003-04 and by '05 were around $60.
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