[American Constitutionalist]

Yes Thackney, thank you.
I would guess they glad they bought it when they did.

I just saw a article from the Drudge Report from the UK Telegraph about the 4 year ralley of US dollar.

Is the cheaper oil causing the US dollar to rise in value or are there other market factors ?

Also ? Those companies that will be effected in the down turn in the fracking sector of the oil industry benefit from the more purchasing power of the USD ?

[thackney]

Is the cheaper oil causing the US dollar to rise in value or are there other market factors ?

The dollar rising is making oil cheaper. You can buy more oil for a higher valued dollar.

[thackney]

Those companies that will be effected in the down turn in the fracking sector of the oil industry benefit from the more purchasing power of the USD ?

As the dollar rises in value, all commodities tend to become cheaper, aside from other market impacts.

I doesn't matter if they are an oil company, hydraulic fracturing service company or any other business.