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Year	Nominal Price of Crude Oil in Alberta Nominal Dollars/M³ at Wellhead		Nominal Price of Natural Gas in Alberta Nominal Dollars/Thousands of M³ at Wellhead		Real Price of Crude Oil in Alberta 2002 Dollars/M³ at Wellhead		Real Price of Natural Gas in Alberta 2002 Dollars/Thousands of M³ at Wellhead

1951	15.87	2.17	115.00	15.72
1952	14.92	3.32	105.07	23.38
1953	15.82	3.29	113.00	23.50
1954	16.37	3.28	116.10	23.26
1955	15.29	3.32	108.44	23.55
1956	15.55	3.42	108.74	23.92
1957	16.41	3.63	110.88	24.53
1958	15.88	3.83	104.47	25.20
1959	15.12	3.39	98.82	22.16
1960	15.09	3.46	97.35	22.32
1961	14.89	4.29	94.84	27.32
1962	14.23	4.51	89.50	28.36
1963	15.53	4.94	96.46	30.68
1964	16.07	5.17	97.99	31.52
1965	16.12	5.10	95.95	30.36
1966	16.18	5.33	92.46	30.46
1967	16.00	5.49	88.40	30.33
1968	16.08	5.51	85.53	29.31
1969	15.61	5.46	79.24	27.72
1970	16.07	5.69	79.16	28.03
1971	17.78	5.60	85.07	26.79
1972	17.89	5.89	81.69	26.89
1973	21.91	6.62	92.84	28.05
1974	36.34	10.46	138.70	39.92
1975	45.64	21.79	157.38	75.14
1976	53.46	35.34	171.90	113.63
1977	64.24	45.69	191.19	135.98
1978	76.78	52.57	209.78	143.63
1979	82.93	59.84	207.33	149.60
1980	97.69	82.51	222.02	187.52
1981	118.17	87.19	238.73	176.14
1982	161.51	94.31	294.19	171.79
1983	200.12	100.39	344.44	172.79
1984	209.96	103.68	346.47	171.09
1985	214.33	99.00	340.21	157.14
1986	117.86	77.74	179.66	118.51
1987	142.03	59.98	207.34	87.56
1988	105.38	54.02	148.01	75.87
1989	125.93	54.77	168.36	73.22
1990	154.61	55.18	197.21	70.38
1991	126.95	48.65	153.32	58.76
1992	128.07	48.68	152.46	57.95
1993	117.36	60.08	137.10	70.19
1994	123.82	68.07	144.48	79.43
1995	136.11	49.99	155.38	57.07
1996	165.56	58.90	186.23	66.25
1997	150.28	70.96	166.24	78.50
1998	105.43	69.70	115.48	76.34
1999	153.66	88.68	165.40	95.46
2000	244.72	162.34	256.52	170.17
2001	198.76	198.39	203.23	202.85
2002	217.63	139.48	217.63	139.48
2003	232.44	224.62	226.11	218.50
2004	278.56	228.84	266.06	218.57
2005	352.57	301.75	329.50	282.01
2006	381.03	240.86	349.25	220.77
2007	405.40	235.66	363.58	211.35
2008	580.12	283.86	508.43	248.78
2009	379.19	142.87
2010	450.07	137.98
2011	543.55	125.36

References and Related Online Materials

Nominal Price of Crude Oil in Alberta:	Canadian Association of Petroleum Producers. (2008). Average Prices of Crude Oil and Natural Gas By Province (Table 5.02 a). CAPP Statistical Handbook (2009 data). http://www.capp.ca/library/statistics/handbook/ (accessed May 26, 2010). NOTE: Real price of oil and gas was calculated using consumer price index data available at http://www40.statcan.gc.ca/l01/cst01/econ46d-eng.htm
Nominal Price of Natural Gas in Alberta:	See reference for "Nominal Price of Crude Oil in Alberta."
Real Price of Crude Oil in Alberta:	See reference for "Nominal Price of Crude Oil in Alberta."
Real Price of Natural Gas in Alberta:	See reference for "Nominal Price of Crude Oil in Alberta."

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