Why Are We Paying $89 A Barrel for Oil? (Answer: It's Not What You Think)
On George W. Bush's inauguration day in January 2001, you could have purchased a barrel of oil for about $30. If you lived in Europe, a barrel would have set you back about 32 Euro.


Oil hit a new high today, $89 a barrel. [...] If it weren't for that, oil would cost about $60 a barrel, as it does effectively does in Europe and Canada.

Quines coses.