![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
![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
Crude oil monthly price -US dpllars per barrel 3.1.2 Oil Production... | Download Scientific Diagram
Crude oil prices increased in 2021 as global crude oil demand outpaced supply - U.S. Energy Information Administration (EIA)
EIA expects crude oil prices higher than $100 per barrel in coming months - U.S. Energy Information Administration (EIA)
![Crude oil prices could hit $50 per barrel or higher by year's end, analysts say | S&P Global Market Intelligence Crude oil prices could hit $50 per barrel or higher by year's end, analysts say | S&P Global Market Intelligence](https://www.snl.com/articles/404276376.png)