GhostFlier

How Oil and Gas Prices Fare in Dollar vs. Euro Terms

All current dialog about the drastic increase of the price of oil has been confined to supply and demand. Conventional wisdom places that massive increase on those factors while the euro payers have noticed only moderate price increases in gasoline. Nothing is mentioned about the escalation of the price of oil that is due to the deflation of the US Dollar. Your interesting analysis and its identification that $1.40 is the current price tag due solely on Dollar deficiencies. "You can pay me now or you can pay me later" - It appears that burden of funding a war paid by printing money is upon us and our Grandchildren.