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Oil prices went from $100 per barrel in the spring of 2008, to a high of $147 in July of 2008

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January 13th, 2018

Oil prices went from $100 per barrel in the spring of 2008, to a high of $147 in July of 2008, and down to $35 in December of 2008. Look at the current price of oil (you can find it on the WTRG site or many investment sites). How is the current price of oil affecting the economy and the energy industry? What do you think is causing the volatility in oil prices?

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