![President Biden on Twitter: "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 Twitter: "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:large)
President Biden on Twitter: "Oil prices are decreasing, gas prices should too. Last time oil was $96 a barrel, gas was $3.62 a gallon. Now it's $4.31. Oil and gas companies shouldn't
![1 Evolution of the crude oil barrel price ($/barrel) from 1968 to today... | Download Scientific Diagram 1 Evolution of the crude oil barrel price ($/barrel) from 1968 to today... | Download Scientific Diagram](https://www.researchgate.net/profile/Daniel-Rojo-Gama/publication/321540231/figure/fig4/AS:568254839758848@1512493919557/Evolution-of-the-crude-oil-barrel-price-barrel-from-1968-to-today-53.png)
1 Evolution of the crude oil barrel price ($/barrel) from 1968 to today... | Download Scientific Diagram
![What are the possible causes and consequences of higher oil prices on the overall economy? – Education What are the possible causes and consequences of higher oil prices on the overall economy? – Education](https://www.frbsf.org/wp-content/uploads/sites/2/drecon_0711a.gif)