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gas price & USD strength

Posted on 2011-03-05
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is the dollar more strong when gas price rises? is there a co-relation there at all?
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Question by:anushahanna
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by:dbrunton
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by:Tiras25
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Oil is priced in dollars.  

When dollar is weaker, oil costs more, other than the usual supply/demand and geopolitical issues.
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by:anushahanna
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thanks.
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