CAPE CANAVERAL, Fla.
— The price of a barrel of oil has surged more than 200 percent in the past year, according to new data released by U.N. figures.
It’s also more than twice the price of the same product in the 1980s.
It puts the price tag of the boom in its sixth year of unprecedented growth.
The U.K. Petroleum and Chemical Commodity Futures Association released the data Thursday and also noted that the U