[re_guderian]

Originally Posted by phrogg4evr

Not quite that dramatic, but the dollar vs euro has the dollar sliding considerably over the past few years, most of it over the last year and change

Euro to U.S. Dollar Exchange Rate - Yahoo! Finance

So a 10% decline in the dollar is responsible for a 50% increase in oil? (Jan to July '08). Why hasn't every other import that trades in $'s gone up 50% then in the last 6 months? This implied cause/effect curve (which I doubt exists to the extent of the recent run-ups we've seen) seems to have dramatically changed it's slope in the last 6 months then, compared to the last several years... I call BS as a major impact on the last 6 month's change in oil price...