Oil prices keep dropping

From Macrotrends.

This show the price per barrel, inflation adjusted. It has not been this low since the 1990s, and even then during the Asian recession. It might be indicating another recession looming?

Of course what I like to think of is the years and years of predictions by Green Party MPs and others that we face peak oil, and ever increasing oil prices and that we must stop investing in any roads as the cost of oil will become so great there will be so few cars.