Slate Magazine (blog) | Why Your Gasoline Is Now Cheaper Than Milk Slate Magazine (blog) Crashing gas prices are, of course, the result of crashing oil prices, which continued their downward slide for the year today as the cost of Brent crude, the global benchmark variety, dipped to an 11-year low. A barrel of oil now costs about $36. One ... Brent Oil Prices Fall to Levels Not Seen Since 2004 Oil And The Black Swan - The Final Countdown Budget 2016: Oil cycle unlikely to derail Saudi economic expansion |