You may be right about the bourse, but...

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Post #288,872

by a6l6e6x

7/13/07 4:08:35 PM

You may be right about the bourse, but...

the real point is that the cost of crude oil to the US has gone up more than the cost of crude oil to EU countries or for that matter other countries whose currencies strengthened against the dollar.

Alex

Nobody has a more sacred obligation to obey the law than those who make the law. -- Sophocles (496? - 406 BCE)

why is oil so high? oil companies? Hardly - (boxley) - (7) - July 13, 2007, 09:06:19 AM EDT

This one might not be - (JayMehaffey) - July 13, 2007, 09:18:46 AM EDT

Oil is not going up. It's the dollar going down. - (a6l6e6x) - (5) - July 13, 2007, 10:58:16 AM EDT

Notice how old that article is? - (JayMehaffey) - (3) - July 13, 2007, 12:01:52 PM EDT

OTOH... - (Another Scott) - (1) - July 13, 2007, 01:00:26 PM EDT

take the low dollars and buy lots of US realestate - (boxley) - July 13, 2007, 01:53:56 PM EDT

You may be right about the bourse, but... - (a6l6e6x) - July 13, 2007, 04:08:35 PM EDT

Indeed. See a couple posts down CAN dollar = US 95+ cents. -NT - (mmoffitt) - July 13, 2007, 01:09:10 PM EDT

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