“I don’t buy it. If they cut them again oil will go over $100 and the relatively few companies that benefit from a low dollar will be faced with higher cost everything else as will the American public.”
Oil will go up regardless. The dollar is only a fraction of the problem, it has more to do with supply. EIA estimates demand at 88 million bbl per day 4th qtr and they can’t seem to pump out more than 85.5, besides exports are declining because the are cannabalizing their exports.
