Oil is really, really, really cheap

Over the last 75 years, inflation-adjusted oil prices have very rarely been cheaper than today.

WTI
WTI
WTI
WTI
WTI
WTI
per barrel
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
1960
1980
2000
2020
1946
March
325px
per barrel
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
1960
1980
2000
2020
1946
March
375px
per barrel
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
1960
1980
2000
2020
1946
March
540px
per barrel
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
1960
1980
2000
2020
1946
March
600px
per barrel
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
1960
1980
2000
2020
1946
March
780px
per barrel
$0
$20
$40
$60
$80
$100
$120
$140
$160
$180
1960
1980
2000
2020
1946
March
930px