Crude oil is back over $80/b and rising. Well, decline in the dollar is one big reason. The debunkers claim that this is a good sign. OK many are saying the reason is an economic recovery. Well, if that were the case, then in August 2008 things were great. I mean oil was $147/b back then even. Turns out the things are bad and getting worse. As petroleum prices rise, people have less money. The future price of oil is much higher than now.
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