[jjotto]

Have oil prices increased in terms of constant dollars? Or is oil just another commodity that will hold real value against an inflating dollar?

[Milagros]

More domestic oil = stronger dollar, less dependency on Arab oil.

[thackney]

Have oil prices increased in terms of constant dollars? Or is oil just another commodity that will hold real value against an inflating dollar?

Does this help?

Price of Oil plotted against Price of Gold

Otherwise see:

http://wtrg.com/oil_graphs/oilprice1947.gif
Source: http://wtrg.com/prices.htm