Crude Oil – 2nd largest yearly decline in 30-years! by Chris Kimble | Dec 12, 2014 | Kimble Charting CLICK ON CHART TO ENLARGE Guess we haven’t seen this large of a yearly decline in a while… Have to say I am impressed that the S&P 500 is just 4% from all time highs, considering what Crude has experienced! – – 1 Comment Dave Panico on 12/12/2014 at 3:05 PM Interesting that the largest oil price decline in 2008 was followed by the second largest oil price increase in 2009. Hmmmmm. Given the YTD decline in 2014, I wonder what happens to oil prices in 2015?