Thursday, June 23, 2022

Oil's Embeddedness

Then one day, he was shootin' at some food
And up through the ground came a bubblin' crude
Oil, that is
Black gold...Texas tea

--Flatt & Scruggs

Couple of interesting oil charts. First, crude vs events:

Second, that same series alongside the CPI:

Many people don't seem to realize just how embedded oil is in our everyday lives.

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