Quote:
Originally Posted by J. Abizeid  Folks,
Oil prices are heading up gradually because the US dollar is sliding down gradually again, while the US treasury is printing dollars like there is no tomorrow.
I said it before on this forum. The L.L. should be pegged to the euro if any, so Lebanon like Europe feels less pain at the gas pump along with the rest of the commodities prices that need to be transported for delivery.
I doubt we’ll ever see the euro for $1.25 ever again. |
i'm not an economics fan / expert or anything...
All i know is that the fuel gallon in lebanon should cost 12 000 L.L Maximum, why the hell it's x 3???