Gasoline prices are lower than they’ve been in decades, but this is far from unique. Throughout oil’s volatile history the commodity has experienced several surges and sharp declines in value. This short but informative video tracks some of the biggest petroleum price jumps over the last century.
- Why does the price of oil change so frequently?
- Should world governments invest more money into alternative energy sources in order to decrease their dependence on the unpredictable oil industry?