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BP Prudhoe Bay Royalty Trust Message Board

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  • vickersviscount vickersviscount Mar 24, 2006 11:12 AM Flag

    Play what you see !!!!!!! BPT is Cheap

    yes, it IS cheap, but you forgot the most important factor, that being the gradual decline of the dollar. Although oil is traded in dollars, if the dollar goes down 5% against other currencies, it will cost us 5% more to import oil. Saudi's and Nigerians are not going to take a declining dollar without a premium.

 
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