Is Mr.Khelil’s math right? Seems to me if oil is trading at $115 and the value of the dollar falls 1%, it should now cost 1% more (in dollars) for a barrel of oil. My math tells me that 1% of $115 is $1.15. I might be off a couple of cents, depending on exactly how you calc the 1% decline, but certainly not $4. Am I missing something? Where did Mr. Khelil get the $4 figure from?
