While the surpassing of $90/bbl of oil is cause for serious concern, it’s not completely unfamiliar territory, as it was back in 2007 when oil was trading at the same price
It is no secret that the cost of oil has been steadily increasing over the last several months. On July 4, WTI Crude was trading at $69.79/bbl, and on September 15, that price had… https://oilandenergyonline.com/articles/all/why-are-fuel-prices-so-high/