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ANS crude oil spot price in 12 currencies: (Sep. 24, 2007).(Alaska Trends for November 2007)


Alaska Trends, an outline of significant statewide statistics, is provided by the University of Alaska Center for Economic Development and sponsored by American Fast Freight.

[GRAPHIC OMITTED]

Current crude oil prices are reaching record highs, and Alaska North Slope Crude Oil has passed the $80 mark for the second time. If that weren't enough to worry consumers (but please Alaska oil producers and positively impact the Alaska economy), the dollar is becoming weaker as well: the U.S. dollar will buy less in Europe than ever before.

So how much does a barrel of ANS crude cost in Euros? C58.32, as it turns out. If you were to buy a barrel of ANS crude in Britain, it would cost you 40.62 [pounds sterling]. In Brazil, you would pay 152.80 reals for a barrel, and in China you would pay 616.74 yuan.

Source: http://www.x-rates.com/calculator.html, http://coinmill.com/

COPYRIGHT 2007 Alaska Business Publishing Company, Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

NOTE: All illustrations and photos have been removed from this article.


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