the problem with this is that the US oil production is going straight up.
If not for the fed doing their QE’s .... the dollar would go straight up too.
as it is the downward pressure of the QE’s is matched by the upward pressure of rising oil pressure so the dollar has been going roughly sideways for five years.
I'm not sure by your comment if you approve of the dollar's rising or not. I say let it go straight up. It would attract trillions in investment.