Friday, August 28, 2009

YES WE CAN! - The weak dollar is pushing energy prices higher - HOPE & CHANGE

http://www.breitbart.com/article.php?id=D9ABTNOG2&show_article=1

LONDON (AP) - The effect of the weak dollar is again pushing oil prices higher in the face of little demand for energy and huge surpluses of crude.

On Friday, the dollar again fell against major currencies.

Since March, the dollar index, which weighs the U.S. currency against a basket of foreign currencies like the euro, the Japanese yen, the pound and the Swiss franc, has fallen nearly 12 percent. In that same period, crude has jumped 81 percent.

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