Changes

'''Oil''' is a [[viscosity|viscous]] [[liquid]] that is not [[solubility|soluble]] in [[water]] and which is used for mainly for lubrication and [[fuel]].  Oil influences politics, elections, and military conflicts.  The price of crude oil in 2022 inflation-adjusted dollars has ranged from $1.17 per barrel in 1946 to a high of $140 per barrel in June 2008.<ref>https://www.macrotrends.net/1369/crude-oil-price-history-chart</ref>

'''Oil''' is a [[viscosity|viscous]] [[liquid]] that is not [[solubility|soluble]] in [[water]] and which is used for mainly for lubrication and [[fuel]].  Oil influences politics, elections, and military conflicts.  The price of crude oil in 2022 inflation-adjusted dollars has ranged from $1.17 per barrel in 1946 to a high of $140 per barrel in June 2008.<ref>https://www.macrotrends.net/1369/crude-oil-price-history-chart</ref>  Oil and gas production in the [[U.S.]] is expected to decline in the latter part of 2023.<ref>https://www.reuters.com/markets/commodities/us-oil-gas-production-set-turn-down-later-2023-2023-07-05/</ref>

On September 23, 2022, oil crude prices fell to a near-low for 2022 of $78.74 a barrel,<ref>https://www.chron.com/business/oil/article/Oil-prices-tumble-below-80-17463104.php</ref> after oil prices had soared for much of the year due to the [[Russia-Ukraine War]].  This price collapse stoked predictions of a [[recession]].

On September 23, 2022, oil crude prices fell to a near-low for 2022 of $78.74 a barrel,<ref>https://www.chron.com/business/oil/article/Oil-prices-tumble-below-80-17463104.php</ref> after oil prices had soared for much of the year due to the [[Russia-Ukraine War]].  This price collapse stoked predictions of a [[recession]].