by
Plebe2001
Jan 26, 2010
US Deficits you said what does it have to do with Gas. BurtB responded saying "What this has to do with Gas is:
As the US deficit grows, the value of the dollar against other currencies falls.
Since a barrel of oil is priced in dollars, as the dollar falls, the price of a barrel of oil goes up, so the price of Gas goes upThat was a very good explanation.