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To: Archie Meeties who wrote (4744)10/13/2009 8:05:53 AM
From: Rarebird  Read Replies (1) | Respond to of 26251
 
<< If oil is going up because of dollar weakness, it's unlikely that this will translate into higher exploration budgets in real dollar terms. >>

The Oil market is trading as an alternative currency to the US Dollar. When the dollar goes up, oil will go down. Should be very soon now.