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To: mysterio
No, I buy imported goods and gasoline.

Oil prices are quoted in dollars. The dollar's value relative to the Euro does not impact the price of oil in the US.

31 posted on 12/14/2007 12:27:44 PM PST by Ditto (Global Warming: The 21st Century's Snake Oil)
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To: Ditto

If the dollar is going down in value, the seller will want more $’s to earn the same profit. The price of oil went up ,in part, due to the drop in the $


56 posted on 12/14/2007 3:59:38 PM PST by newbie 10-21-00
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