Oil Prices

I see <a href="http://www.billingsgazette.com//index.php?id=1&display=rednews/2004/05/08/build/business/54-oil-prices.inc">oil prices are continuing to rise</a>. I read a real interesting article recently that had a very good explanation as to why prices on oil were rising. It is not available online so I can't link it. The reason they gave for the rise in oil prices was the dollar has been falling against all major currencies, particularly the Euro. For the OPEC nations this means that there buying power has diminished since the dollar is weaker and oil is priced via the dollar. Therefore the OPEC nations have had to let the price of oil rise to maintain thier buying power on thier dollar donominated commodity. All this means is that the US needs to strengthen the dollar if we want oil prices to go down. It really made a lot of sense when you read the article, my only problem is when you start talking about the relitive value of currencies I get really lost, fast. Whatever is causing the price increase we are sure paying through the nose for it now. What I find funny, humorous, weird is that for all the compliants about the high prices, the article states that demand is up over last year for gas, so obviously people are willing to pay the price and do what they want so I wish they would just quit complaining. Either quit complaining or get a horse.<br />n<br />n<b>Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it. Warren Buffett</b>