Fuel Price Joke

Time to change our lifestyle – oil has reached for the first time in the history of oil prices an astronomical price of US$100 per barrel, on the 3rd of January 2008. This is still slightly less than an inflation-adjusted (old price in present day values) of US$102.81 a barrel in April 1980. The US$100 per barrel price was an intra-day high – the price finally closed at US$99.62.