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re: Who else is loving these gas prices?
Posted on 10/18/14 at 6:12 pm to Tigerwaffe
Posted on 10/18/14 at 6:12 pm to Tigerwaffe
There are many factors bring the price of oil down. More production, lower demand in Europe and China, but I think one of the biggest reasons is that with the slowing China and European economies and the fact the the FOMC is flooding the mkt with dollars the value of the dollar is increasing. Oil is denominated in $'s so, cheaper oil.
2
Posted on 10/19/14 at 3:11 am to bbvdd
Funny thing is this seems to always happen in the weeks leading up to elections.
Posted on 10/19/14 at 1:54 pm to bbvdd
quote:
cheaper oil.
For us. Not if you have a currency other than the dollar. Not that my American arse is complaining.
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