Thread: Gas rant
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Old 5-29-08, 10:48   #100 (permalink)
Stealth
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Quote:
Originally Posted by lnlogauge View Post
Ive remained in the opinion its supply and demand, deal with the gas prices because there's not much you can do about it. Than I read this article

Gas prices keep climbing even as oil prices drop - Yahoo! News

"Prices remained volatile, though, buffeted about by threats against Nigerian oil facilities, worries about falling gasoline demand in the U.S. and a strengthening U.S. dollar."

So please correct me if I read it wrong, but the prices are unstable because the U.S. dollar is going up, and the demand is falling? shouldnt that just equal lower prices?

The value of a US dollar is going down, which means its takes more $ to = Foreign money, hence the term Inflation. Kinda of the opposite of what you are thinking.

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