Economy · Oil and natural gas
| Year | Average | Year close |
|---|---|---|
| 1946 | $23.23 | $25.24 |
| 1947 | $27.59 | $29.63 |
| 1948 | $35.82 | $35.72 |
| 1949 | $36.16 | $36.48 |
| 1950 | $35.79 | $34.44 |
| 1951 | $33.17 | $32.49 |
| 1952 | $32.43 | $32.24 |
| 1953 | $33.98 | $35.12 |
| 1954 | $35.18 | $35.38 |
| 1955 | $35.28 | $35.25 |
| 1956 | $34.75 | $34.23 |
| 1957 | $36.29 | $35.39 |
Source: FRED WTISPLC (Spot Crude Oil Price: West Texas Intermediate (WTI)); FRED CPIAUCNS (Consumer Price Index for All Urban Consumers: All Items in U.S. City Average). Federal Reserve Bank of St. Louis.
Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).
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