Useful information and discussion about energy, including oil and gas, peak oil, hydrogen, alternative energy, ethanol and other biofuels, climate change, and geopolitics, from an experienced industry professional. A service of GSW Strategy Group, LLC, providing foresight and insight in an uncertain world. Content Copyright 2004, 2005, 2006, 2007 and 2008 by Geoffrey S.W. Styles. All rights reserved. The views expressed here are solely those of the author.

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Weak Dollar Fallout

Posted on March 07, 2008

Wednesday evening I was interviewed by a news radio station in Kingston, Jamaica. Unfortunately, it took place by telephone, rather than on location. Most of the host's questions concerned the likely course of oil prices, and she was particularly interested in the role played by the depreciation of the US dollar. Today's Washington Post includes a helpful set of graphs charting oil's rise over the last year in US and Canadian dollars, Sterling, Euros and Yen. Compared to the currencies of our major trading partners, the dollar's weakness explains about a third of the one-year change in wha...

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commodities , oil