Slide 1:

The title of the chart on this slide is "Real 'Economic' Oil Price (Oil Prices Adjusted for Inflation and Productivity)." This line-graph chart shows the price of oil as approximately $32 per barrel in 1973, peaking at approximately $160 per barrel in 1981, decreasing to about $30 per barrel between 1986 and 1987, and ranging between approximately $20 and $60 per barrel from 1988 through 2004, ending at about $45 per barrel.

The source of the slide is Deloitte Research.