Crude oil price

Current US$
Real 1960 US$

1960
0.01
0.01

1961
0.01
0.01

1962
0.01
0.01

1963
0.01
0.01

1964
0.01
0.01

1965
0.01
0.01

1966
0.01
0.01

1945-1983 Arabian Light posted at Ras Tanura.

1984-2010 Brent dated.

Source: BP (2011)

USA Gross domestic product per head of population

1960
1961
1962
1963
1964
1965
1966
Current US$
2858
2910
3081
3204
3399
3642
3948
Real 2000 US$
13679
13770
14386
14797
15453
16252
17136
Real US$ at 2000 prices
Source: Commission (2011)
Commission of the EU (2011) Annual macroeconomic statistical data base AMECO, http://ec.europa.eu/economy_finance/db_ind

GDP per head is a rough indicator of income levels in a country over time. Note the real GDP is at 2000 prices, whereas the oil fig

Gross Domestic Production Per Head

35000
30000
25000
20000
15000
10000
5000
0
1962 1966 1970 1974 1978 1982 1986 1990 1994
1960 1964 1968 1972 1976 1980 1984 1988 1992 1996

Current US$
Real 2000 US$

1967
0.01
0.01

1968
0.01
0.01

1969
0.01
0.01

1970
0.01
0.01

1971
0.01
0.01

1972
0.02
0.01

1973
0.02
0.01

1974
0.07
0.04

1975
0.07
0.04

1967
4128
17374

1968
4469
18029

1969
4791
18400

1970
4997
18226

1971
5359
18619

1972
5835
19439

1973
6461
20392

1974
6947
20100

1975
7516
19867

europa.eu/economy_finance/db_indicators/ameco/index_en.htm
is at 2000 prices, whereas the oil figures are at 1960 prices, this alters the figures within the series but does not affect comparisons between

1976
0.08
0.04

1977
0.09
0.04

1978
0.09
0.04

1979
0.2
0.08

1980
0.23
0.09

1981
0.23
0.08

1982
0.21
0.07

1983
0.19
0.06

1984
0.18
0.06

1976
8295
20742

1977
9141
21487

1978
10223
22458

1979
11299
22909

1980
12153
22580

1981
13494
22925

1982
13899
22257

1983
14965
23052

1984
16500
24495

ffect comparisons between series of real figures.

1985
0.17
0.05

1986
0.09
0.03

1987
0.12
0.03

1988
0.09
0.03

1989
0.11
0.03

1990
0.15
0.04

1991
0.13
0.03

1992
0.12
0.03

1993
0.11
0.03

1985
17546
25277

1986
18385
25907

1987
19350
26489

1988
20651
27326

1989
21988
28034

1990
23003
28236

1991
23442
27789

1992
24488
28356

1993
25412
28794

1994
0.1
0.02

1995
0.11
0.02

1996
0.13
0.03

1997
0.12
0.03

1998
0.08
0.02

1999
0.11
0.02

2000
0.18
0.04

2001
0.15
0.03

2002
0.16
0.03

1994
26686
29618

1995
27606
30016

1996
28860
30791

1997
30330
31796

1998
31653
32811

1999
33298
34018

2000
35050
35050

2001
35866
35071

2002
36755
35365

2003
0.18
0.04

2004
0.24
0.05

2005
0.34
0.06

2006
0.41
0.07

2007
0.46
0.08

2008
0.61
0.1

2009
0.39
0.07

2010
0.5
0.08

2003
38128
35912

2004
40246
36863

2005
42466
37641

2006
44595
38283

2007
46337
38642

2008
46901
38278

2009
45674
36936

2010
47027
37668

0.7
0.6
0.5
0.4
0.3
0.2
0.1
0

1961 1963 1965 1967 1969 1971 1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 199
1960 1962 1964 1966 1968 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1

3 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009
984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010

Current US$
Real 1960 US$