Friday, August 22, 2008

Vallue of the US Dollar v. Oil

Oil appears to be unable to make up its mind which way to go. The past couple of weeks has identified the true culprit behind the rise in oil prices, Deficit spending. AS the dollar’s value fell yesterday, the price of oil rose $6. Today the value of the dollar rose and the price of oil fell $6. The fastest and most direct way to reduce the price of oil and ultimately gas at the pump is to eliminate Budget Deficits.

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NBC-33 Debate poll results from 2002