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Discussion of: The Weak Dollar Does Not Support Higher Energy Prices!!!!!
Abstract:The pricing of oil in dollars creates an incredible amount of confusion among people who should know better. For example, USA Today tells us that: "how long the weak dollar can support energy prices, if demand is still weak, remains to be seen."
This one deserves a big "huh?" If the dollar falls in value against other currencies, then other things equal, oil should rise in price measured in dollars.
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