Curio |
On This Day | The Price of a North Dakota Barrel and Area Prospecting
Author
Josh Wolsky
In a move prompted by price cuts on competing crude oils, Indiana Oil Purchasing Company announced a reduction of 20 cents per barrel in the price it offers for North Dakota crude, effective at 7:00 a.m. November 10th. This action by the Crude Purchasing Affiliate of Standard Oil Company establishes the top North Dakota price at $2.95 per barrel.
1958-11-20 | Ward County Independent
Why We Chose It
That $2.95 per barrel in 1958 translates to about $34.00 today.
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