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In response to: $ 75- $ 80 barrel oil---gee, that's a surprise!

Jon [Visitor] — Tue, 03 Nov 2009 00:17:00 +0000

I like a lot of what you said here. You sort of hit a point with exchange rates and the fact that a "lowered value dollar" brings less buying power overseas and more demand for hard assets like oil. Though, what happens if, as some political and economic leaders want to diversify prices of commodities away from dollars and towards the Euro or some other reserver currency? Does the dollar depreciate further and make imports more expensive? And if so, How does the US economy cope with that? (beyond: somehow, it does)?

In response to: $ 75- $ 80 barrel oil---gee, that's a surprise!

Susan Selig [Member] — Tue, 27 Oct 2009 14:29:51 +0000

This is a comment from the backend

In response to: $ 75- $ 80 barrel oil---gee, that's a surprise!

Susan Selig [Member] — Tue, 27 Oct 2009 14:25:42 +0000

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In response to: $ 75- $ 80 barrel oil---gee, that's a surprise!

Shaun Roberts [Visitor] — Tue, 27 Oct 2009 03:29:08 +0000

Your blog is really awesome!

In response to: $ 75- $ 80 barrel oil---gee, that's a surprise!

tacshouston [Member] — Tue, 27 Oct 2009 03:06:20 +0000

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