Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: JakeStraw who wrote (25488)	5/25/2004 11:58:27 AM
From: Kenneth E. Phillipps	Read Replies (3) of 81568

We are the #1 importer of oil by far. Oil is priced in dollars, not Euros or some other currency. When the value of the dollar drops relative to other currencies, OPEC must raise the price just to stay even. They do this by limiting production. It is not a true supply and demand situation because of OPEC.

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