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May 22, 2020 · The Canadian oil and gas industry grew rapidly from 1947 to 1973. During that time, the international price of oil was low and remained stable. The world market was filled with cheap, reliable oil from the Middle East and North Africa. However, demand for this oil was always higher than supply.
Crude Oil Prices - 70 Year Historical Chart. Interactive charts of West Texas Intermediate (WTI or NYMEX) crude oil prices per barrel back to 1946. The price of oil shown is adjusted for inflation using the headline CPI and is shown by default on a logarithmic scale.
Nov 23, 2022 · From the early 2000s to 2008, concerns of supply shortage led to rising oil and gas prices globally and in North America. With rising prices, Canadian oil and gas investment levels hit a then-high of $50 billion in 2008. The sector made up 18% of total industrial investment in Canada that year.
Canadian end-use energy prices have generally risen over the last decade and become more volatile. This Energy Fact will explore pricing trends over the past decade for crude oil, gasoline, furnace oil, natural gas, and electricity.
Global oil prices were remarkably flat from the 1920s to the 1970s. Whether measured in real dollars (based on 2008 values) or unadjusted prices, there had not been much fluctuation, notwithstanding a bit of a trough in the 1930s.
This interactive historical timeline was created to showcase the key milestones in the history of Canadian producer price statistics. This historical timeline contains answers to questions such as: Who collected Canada’s first statistics? What do Canadian producer price indexes measure?
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Apr 13, 2022 · Oil Prices by Year: Average, High, Low, and Events . The following chart shows the nominal value for imported crude oil according to the U.S. Energy Information Administration. The first column shows the average annual price. It's followed by the monthly high and low oil prices for that year.
