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Why Is Oil Going Up?
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View article
]
Wow... glaring problem with your logic...
Did you ever think that when the dollar went up, that kept oil from going even higher.
The trend for oil has been up for years now. A rising dollar simply stalled the trend in place since it cost less dollars to import, refine, etc.
Now, if the supply also went up while the dollar went up and we still saw the price of oil go up... then there is a problem.
Nothing is black and white. Take all variables into account before you make such silly statements.
Better yet, take a statistics class so you understand what coorelation is.
May 29 08:58 am
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14 comments
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Wow... glaring problem with your logic...
May 29 08:58 am
|Rating:
+1
0
All Comments by mikeylikesit41 »Why Is Oil Going Up? [View article]
Did you ever think that when the dollar went up, that kept oil from going even higher.
The trend for oil has been up for years now. A rising dollar simply stalled the trend in place since it cost less dollars to import, refine, etc.
Now, if the supply also went up while the dollar went up and we still saw the price of oil go up... then there is a problem.
Nothing is black and white. Take all variables into account before you make such silly statements.
Better yet, take a statistics class so you understand what coorelation is.