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To: EVO X
"If we had a stronger dollar, the price of oil wouldn't be quite as bad. A week dollar didn't help matters back in 2008."

While true, but it would still be bad. the dollar's fall can account for only a 20% increase in the price of oil.

If we had a stronger dollar, the price of oil wouldn't be quite as bad. A week dollar didn't help matters back in 2008.

Dollar vs Euro

21 posted on 04/03/2011 1:22:02 PM PDT by DannyTN
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To: DannyTN
While true, but it would still be bad. the dollar's fall can account for only a 20% increase in the price of oil.

Of course there are other factors, such as world wide demand for oil. The Chinese are adding 10 million cars a year. In a few years, they are likely to surpass US auto sales..

24 posted on 04/03/2011 5:40:06 PM PDT by EVO X
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