Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Alberta's Child
Oil prices are dropping because the U.S. dollar has been gaining strength against almost every other world currency in recent months. There’s really nothing more to it than that.

A little more than that. But the dollar strength is certainly lowering the dollars per barrel cost.

Note the recent change in the price per barrel/gold.


9 posted on 11/05/2014 5:21:26 AM PST by thackney (life is fragile, handle with prayer.)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: thackney

It would be nice to see that graph overlayed on a second Y-axis showing the nominal dollar price of oil.


18 posted on 11/05/2014 5:35:45 AM PST by Alberta's Child ("The ship be sinking.")
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson