OPEC: high cost due to dollar and speculators

And OPEC is not the only voice suggesting this. As investor Wilbur Ross says, there are no lines as we witnessed in the last oil crisis, just high prices. The weak dollar policy is is fine for exports but the US imports too much to make this sustainable. At least not sustainable for regular Americans who struggle with only one house, as opposed to 7, 8, 9 or 10 houses. The world has very little faith in the greenback and consumers have little left in their pockets and no more credit to buy. But remember, the Republicans are economic experts and they know what they're doing.