Las Vegas Sun

May 5, 2024

LETTER TO THE EDITOR:

Stronger dollar would mean lower gas prices

To drill or not to drill seems to be the big question.

The most surefire way to lower oil and gasoline prices (traded in dollars) would be to strengthen the dollar, which has lost about 60 percent of its value the last few years.

The blame for the weak dollar lies squarely on the disastrous economic policies of the Bush administration — massive deficits as far as the eye can see and titanic mountains of debt.

There would be one trade-off — higher interest rates — but I think most people would rather have lower gas prices. There is no free lunch.

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