Oil and Gas Prices

Oil prices are well head prices paid in Louisiana and U.S. averages. Natural gas prices reflect royalty payment prices for Louisiana and wellhead prices for the U.S. average.

 
Year LA Oil/BBL US Oil/BBL LA Gas/MCF US Gas/MCF
2006 $67.44 $59.61 $7.38 $6.61
2005 54.62 50.26 9.01 7.32
2004 38.34 36.89 6.09 5.36
2003 30.28 27.54 5.74 4.98
2002 24.76 22.51 3.32 3.14
2001 26.23 21.86 4.72 4.20
2000 28.25 26.60 3.80 3.25
1999 17.55 15.56 $2.19 $2.08
1998 12.78 12.04 $2.50 1.94
1997 19.50 17.50 2.52 2.08
1996 20.87 18.46 2.68 2.09
1995 17.06 14.62 1.77 1.55
1994 15.62 13.19 1.98 1.88
1993 16.72 14.24 2.10 2.04
1992 19.15 16.10 1.76 1.74
1991 20.21 20.03 1.77 1.71
1990 23.03 20.03 1.77 1.71
1989 18.39 15.87 1.76 1.69
1988 15.22 12.57 1.87 1.69
1987 17.97 15.40 1.65 1.67
1986 15.32 12.51 1.86 1.94
1985 27.22 24.09 2.36 2.51