Price Decline
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From Associated Press
Price per barrel paid by major Appalachian refiners for Penn Grade Crude oil from October, 1980, through October, 1994, according to documents provided by the refiners for a class-action lawsuit:
October, 1980: $36
October, 1981: $35
October, 1982: $31
October, 1983: $28
October, 1984: $27.40
October, 1985: $25
October, 1986: $15.25
October, 1987: $18
October, 1988: $14
October, 1989: $18.25
October, 1990: $36
October, 1991: $20.25
October, 1992: $20.25
October, 1993: $17
October, 1994: $15.50
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