|
Monthly Price of West Texas Crude per Barrel, 1986 to Present
|
|
Year
|
Jan
|
Feb
|
Mar
|
Apr
|
May
|
Jun
|
Jul
|
Aug
|
Sep
|
Oct
|
Nov
|
Dec
|
Avg
|
%Chg
|
|
1986
|
$25.31
|
$16.45
|
$12.72
|
$12.87
|
$15.52
|
$13.36
|
$11.58
|
$14.69
|
$14.62
|
$14.90
|
$15.17
|
$15.21
|
$15.20
|
N/A
|
|
1987
|
$18.70
|
$18.29
|
$18.01
|
$18.49
|
$19.30
|
$19.90
|
$21.57
|
$21.16
|
$19.48
|
$19.73
|
$18.94
|
$18.48
|
$19.34
|
27.2%
|
|
1988
|
$17.16
|
$17.14
|
$15.69
|
$17.61
|
$17.44
|
$17.18
|
$15.02
|
$15.58
|
$14.63
|
$13.47
|
$13.89
|
$15.92
|
$15.89
|
-17.8%
|
|
1989
|
$17.83
|
$17.49
|
$18.79
|
$20.42
|
$20.00
|
$20.03
|
$20.35
|
$18.24
|
$19.53
|
$20.22
|
$19.88
|
$20.64
|
$19.45
|
22.4%
|
|
1990
|
$22.72
|
$22.31
|
$20.58
|
$19.20
|
$18.83
|
$17.00
|
$17.29
|
$25.74
|
$31.55
|
$38.23
|
$33.18
|
$26.96
|
$24.47
|
25.8%
|
|
1991
|
$25.02
|
$21.80
|
$19.79
|
$20.24
|
$21.30
|
$20.24
|
$21.15
|
$21.43
|
$21.62
|
$22.85
|
$23.09
|
$20.11
|
$21.55
|
-11.9%
|
|
1992
|
$18.68
|
$19.16
|
$18.65
|
$20.23
|
$20.81
|
$22.39
|
$21.60
|
$21.26
|
$21.75
|
$22.05
|
$20.20
|
$19.11
|
$20.49
|
-4.9%
|
|
1993
|
$18.85
|
$20.14
|
$20.65
|
$20.41
|
$19.38
|
$19.59
|
$17.97
|
$17.81
|
$17.23
|
$18.55
|
$17.03
|
$14.80
|
$18.53
|
-9.5%
|
|
1994
|
$14.84
|
$15.07
|
$14.42
|
$15.88
|
$17.56
|
$18.36
|
$19.76
|
$18.16
|
$17.35
|
$17.78
|
$18.29
|
$17.32
|
$17.07
|
-7.9%
|
|
1995
|
$17.55
|
$18.45
|
$18.31
|
$19.42
|
$20.00
|
$19.00
|
$17.29
|
$17.72
|
$18.52
|
$17.30
|
$17.71
|
$18.74
|
$18.33
|
7.4%
|
|
1996
|
$19.53
|
$18.00
|
$19.85
|
$23.50
|
$21.06
|
$20.10
|
$21.70
|
$21.61
|
$23.92
|
$24.81
|
$23.27
|
$24.71
|
$21.84
|
19.1%
|
|
1997
|
$25.92
|
$22.87
|
$20.68
|
$19.52
|
$20.34
|
$19.33
|
$19.60
|
$20.19
|
$19.47
|
$21.88
|
$20.63
|
$18.56
|
$20.75
|
-5.0%
|
|
1998
|
$16.74
|
$16.45
|
$14.73
|
$15.50
|
$15.37
|
$14.21
|
$14.14
|
$13.39
|
$14.31
|
$14.87
|
$13.84
|
$11.15
|
$14.56
|
-29.8%
|
|
1999
|
$12.62
|
$11.97
|
$13.53
|
$16.53
|
$18.35
|
$17.52
|
$19.85
|
$20.99
|
$22.98
|
$22.75
|
$23.47
|
$25.86
|
$18.87
|
29.6%
|
|
2000
|
$25.98
|
$28.95
|
$31.98
|
$25.28
|
$27.77
|
$31.39
|
$30.69
|
|
|
|
|
|
|
|
Source: The Wall Street Journal
|
|