![Fact #986, July 17, 2017: The Price of a Barrel of Crude Oil in 2016 Was the Lowest Since 2003 | Department of Energy Fact #986, July 17, 2017: The Price of a Barrel of Crude Oil in 2016 Was the Lowest Since 2003 | Department of Energy](https://www.energy.gov/sites/default/files/2017/07/f35/fotw986.png)
Fact #986, July 17, 2017: The Price of a Barrel of Crude Oil in 2016 Was the Lowest Since 2003 | Department of Energy
EIA expects crude oil prices higher than $100 per barrel in coming months - U.S. Energy Information Administration (EIA)
![President Biden on X: "Oil prices are decreasing, gas prices should too. Last time oil was $96 a barrel, gas was $3.62 a gallon. Now it's $4.31. Oil and gas companies shouldn't President Biden on X: "Oil prices are decreasing, gas prices should too. Last time oil was $96 a barrel, gas was $3.62 a gallon. Now it's $4.31. Oil and gas companies shouldn't](https://pbs.twimg.com/media/FN-LMExWUAA-uzC.png)
President Biden on X: "Oil prices are decreasing, gas prices should too. Last time oil was $96 a barrel, gas was $3.62 a gallon. Now it's $4.31. Oil and gas companies shouldn't
![Brent Crude oil price per barrel in USD (2000-2015). Source: European... | Download Scientific Diagram Brent Crude oil price per barrel in USD (2000-2015). Source: European... | Download Scientific Diagram](https://www.researchgate.net/publication/345089396/figure/fig3/AS:1022418499936256@1620774974242/Brent-Crude-oil-price-per-barrel-in-USD-2000-2015-Source-European-Politics-and.png)
Brent Crude oil price per barrel in USD (2000-2015). Source: European... | Download Scientific Diagram
![Commentary: Oil price shocks have a long history, but today's situation may be most complex ever – New Hampshire Bulletin Commentary: Oil price shocks have a long history, but today's situation may be most complex ever – New Hampshire Bulletin](https://images.theconversation.com/files/451400/original/file-20220310-17-81hync.jpeg?ixlib=rb-1.1.0&q=45&auto=format&w=1000&fit=clip)