Saturday, October 6, 2007
Cost of Diesel: Run on the Dollar
The price of oil will go up if there is a run on the dollar. If the value of the dollar goes down and the price of oil is pegged to a currency other than the dollar the cost of oil in the future market will be higher than the cost of oil in the present market. In time, truckers will pay more for diesel fuel.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment