tag:blogger.com,1999:blog-9488088.post8087391501708739613..comments2023-11-05T07:23:27.122-05:00Comments on BusinessTrends Blog: Oil on the Way Down?Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-9488088.post-14074592550420249812008-06-09T19:29:00.000-04:002008-06-09T19:29:00.000-04:00In the longer run, "the Journal’s point on the dol...In the longer run, "the Journal’s point on the dollar is critical to keep in mind." But the price of oil was relatively stable as the dollar fell from November 2007 through February 2008, hitting $96 early on and dropping as low at $87 in February. And the dollar was quite stable from May to February when oil prices rose by more than $30. In economics, as in humor, we have to get the timing right.Alan Reynoldshttps://www.blogger.com/profile/09586671405815153954noreply@blogger.com