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mozadek · 07-11-2008, 05:41 PM

Inflation and the wear dollar is the cause for high oil. Oil is traded in dollars and OPEC wants to get their money's worth. Instead of using another currency they just raise the price for a barrel of oil to make up the difference.

07-11-2008, 05:41 PM
mozadek Confirmed User Join Date: Feb 2008 Posts: 1,325	Inflation and the wear dollar is the cause for high oil. Oil is traded in dollars and OPEC wants to get their money's worth. Instead of using another currency they just raise the price for a barrel of oil to make up the difference.