Oil at $88 causes us to contract

I watch oil prices, and I look for the trading range.  The range seems to still be $5/barrel, but the average is now about $85, and the economy is constrained.  In that range, oil imports have stabilized, still at 2001-2003 levels.

The goal is to drive the CPI- excluding oil up,  relative to CPI-including oil, as the economy did in the picture below:

The curve is flattening, we are spending time in risk off, right?  We stay in risk off until oil drops to $82, then its risk on.  I get the definitions mixed up,  I am sign dyslexic.  The Telegraph gets it right.