Is There Anything That Will Not Make The Price Of Oil Go Up?

By the time I wrote this, the current upward trend reversed itself on the price of oil. We were told the increase in gas/oil prices were from a weak dollar. Now normally I could understand that thinking for many commodities but this is something that someone is going to have to send me some feedback on as I do remember some of my history. That is to say, just after we went off the gold standard, the Nixon Administration made a deal with O.P.E.C. to tie the price of crude to the U.S. Dollar. This was a very smart move as it stabilized the price of oil […]