Oil and gas are traded in the global marketplace, and therefore prices are established by international demand. As a result, oil prices and interest rates move in the opposite directions. When interest rates fall, the value of the dollar decreases--U.S. news and World Report
Economy
U.S. News & World Report – Federal Reserve’s Low Interest Rates Keep Oil Prices High
USA Today -- Real Federal Deficits Dwarf Tally
Christian Science Monitor – Los Angeles to Become Largest U.S. City Banning Plastic Bags
Individual Liberty
The New American – Supreme Court to Decide Whether NSA Domestic Wiretapping is Beyond the Law
Foreign Policy
Reuters – U.N. Rights Chief to Stay Two More Years; U.S., Syria Aren’t Fans