Weak dollar
To the editor:
Everyone keeps blaming supply and demand for high oil prices, but another determining factor is the value of the dollar in international currency markets. Our weak dollar is a big part of the reason for high oil prices. The dollar is weak now due to our huge federal deficit. This deficit was created by two things: President Bush’s policy of cutting taxes for the already wealthy and the war in Iraq.
Remember that next time you fill up your gas tank.
Maggie Childs,
Lawrence