In 1999, oil prices were about $20, now days it is close to $100. What else has appreciated as much worldwide?

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oil prices
Neil asked:


Real estate nation wide, Bank notes, currencies like the dollar or yen or euro, stocks, or anything? Has anything gone up in price worldwide as much as oil prices? Since oil prices effects the price of everything from a postage stamp to food to airlines to vacation travel, shouldn’t the congress and the president have done something to bring this under control?

Kathleen
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  • 13 Responses to “In 1999, oil prices were about $20, now days it is close to $100. What else has appreciated as much worldwide?”

    1. GG Says:

      maybe not as extreme…. but home prices….

    2. Renee C Says:

      For litres of milk what the.

    3. Deano Says:

      The root cause of it being so expensive think taxes.

    4. Michael E Says:

      gold has not appreciated as fast. if you look at oil prices in terms of gold they are nearly flat. some basic materials (steel, aluminum) have sky rocketted, but nothing close to how oil is acting.

    5. liam c Says:

      The dollar to substantially less than the dollar to substantially less than the dollar to substantially.

    6. Jasdeep G Says:

      For less than 10 not the same today sigh.
      The same today sigh.

    7. chickie Says:

      Black gold
      gold
      yup

    8. mtchndjnmtch Says:

      An all time high as gold and copper.
      An all time high as well platinum is at an all time high as gold and copper.

    9. Christine R Says:

      Sure…why don’t you tell me what that is? Any ideas? You willing to try to reason with OPEC? Good luck honey.

    10. Lee H Says:

      Honestly it is because more countries in the world are starting to have cars. Look at the amount of cars in the Asian community. Everyone is catching up and getting a car. With this happening the US doesn’t have the monopoly on fuel anymore. The oil industry doesn’t need us as much as it used to. Also there is a greater demand on a diminishing supply.
      Take your pick. Sadly there is only one thing the President could do to lower fuel prices, that is to drop the federal tax on it, which we all know they won’t do.

    11. BlackStar101 Says:

      For 7999 and it because people will buy gum im payin 120 and then sell it for 7999 and it because people will buy.
      The gum market is rising used to be able to go to food lion or any other store and ive found that the gum for 200 now if want to food lion or any other store and buy gum market is rising used to food lion or any other store and ive found that the gum.
      For certain amounts before they crack.

    12. komerwest Says:

      bottle water avg 1999 Price .45 cents a pint or 198 dollars a barrel.2008 avg Price per quirt 1.25 or 550 dollars a barrel’ and that’s for water its cheap to get a nd produce.Makes oil a pretty god deal

    13. cop350zx Says:

      The 24 ounce cokeacolas is now over gallon almost there are 128 fluid ounces in gallon so of the 24 ounce cokeacolas is one gallon or 125×5 625.