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29th November 2007

Why Are Gas Prices So High?

posted in General |

One very important point that the media never brings up regarding gas prices is one of the most core reasons why the prices keep rising. The US pays for all its crude oil in US Dollars, against all major currencies the US Dollar is falling fast… therefore the more the dollar keeps falling the more dollars we have to shell out to get the same crude oil. As the dollar continues to fall expect the gas prices(oil) prices to rise… they’ll blame it on the OPEC countries and production, but the truth is the US Dollar is the reason prices are rising.

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