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Politics : Moderate Forum -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (7965)3/9/2004 10:23:37 PM
From: TigerPaw  Read Replies (1) | Respond to of 20773
 
Exchange rates effect on oil prices is the signal of the Ameican economic decline. Oil is not really priced in dollars anymore, regardless of what lip service may be payed. Oil is valued in Euro quantities, and buyers and sellers make that exchange before gasoline reaches the pumps.

TP