|Oil Up Or Dollar Down?
||[Apr. 23rd, 2008|08:59 am]
Wizard of Changes -- ©cdozo 2004 to 2015
Does anyone else realize that at least part of the source of the increase in gas prices is the weak dollar? As the dollar goes down, it buys less oil on the international market. So we pay more dollars per barrel and thus more dollars at the pump.