Thread: $106 Barrrel of oil. Speculator driven?
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Red Baron Red Baron is offline
Freiherr
 
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Join Date: Dec 2003
Location: New Orleans
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The current prices have everything to do with the weak dollar. This price trend started when OPEC prices for a barrel of crude were set in Euros rather than the US dollar. That alone has more to with the increaces than demand or refining capacity.
Old 03-08-2008, 07:20 AM
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