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Date Posted: 03:07:27 10/14/08 Tue
Author: data
Subject: Oil and its relationship to US Dollar and CPU 14th of Obter 2008

Canada, is the second biggest importer of oil into the US, for that reason the strength of the United States Dollar is tied to the Canadian Dollar, with the demand for oil slowing (re world economic growth) not as much oil is needed, therefore the US dollar strengthens. I don't feel it is the end of oil, just a reality that 147 dollars a barrel on July 11th 2007 is the high for the time being.talk of 200 dollars a barrel is dreaming at this stage.

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