David Macaluso www.davidmacaluso.com
Price Pyramid
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Price Pyramid (Front Month Daily; Light, Sweet Crude Oil Futures 3-30-1983 to 9-6-2005)

2005
22" H x 30" W (56 cm x 76 cm)
Motor Oil, Graphite, Oilbar, Pigment on paper

Series:
Witness and Convergence


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Thumbnails and Slideshow of Witness and Convergence
Top Image
Price Pyramid is a pyramid seen from a bird's eye view. It's composed of daily closing oil futures prices from 3-30-1983 to 9-06-2005, written by hand with graphite and cemented together with a motor oil wash. Prices from 1983 start as small numbers on the outer edges of the square. They pave their way counter-clockwise around and up the steps of the structure while increasing in size. Hence time advances to the present. As the oil futures prices arrive at this work's completion date, 9-06-2005, their numbers proceed to diminish in size toward the center, as if receding down a central funnel. After the final recorded price, all numbers-- bypassing the present toward an ever elusive future-- convert into zeros. In so doing, these zeros create the capstone of the pyramid.
Bottom Image