us oil import prices 2000-2021oil price per barrela global economic recession, or decline, affected nations…

us oil import prices 2000-2021oil price per barrela global economic recession, or decline, affected nations across the world in 2008.what happened to the price of oil during this time period?○ it began to increase.○ it began to decline.○ it stayed about the same.○ it fell below $50 a barrel.

us oil import prices 2000-2021oil price per barrela global economic recession, or decline, affected nations across the world in 2008.what happened to the price of oil during this time period?○ it began to increase.○ it began to decline.○ it stayed about the same.○ it fell below $50 a barrel.

Answer

Brief Explanations:

Looking at the line graph for US Oil Import Prices (2000-2021), the price reaches a peak around 2008, then immediately drops below $60 per barrel, falling to a level under $50 in the following years. This aligns with the 2008 global recession period.

Answer:

It fell below $50 a barrel.