Wow, what misconceptions! Oil is priced in dollars? No, oil HAS a price in dollars and dollars have become much cheaper to most of the rest of the world. We devalue our currency and then call the resulting commodity increases a bubble? It's compared to gold and paper stocks, both of which can be manufactured by just mining or issuing paper?
Emerging Markets' Oil Appetite to Exceed U.S. This Year [View article]
Alex, there aren't many left that think republicans know how economics works. After all, the result of the Republican Revolution is what you're living in right now.
Is Oil a Bubble? Part One [View article]
Emerging Markets' Oil Appetite to Exceed U.S. This Year [View article]