Oil Goes Up - In Dollars

That being said, it's interesting that oil is still holding at around a tenth of an ounce of gold per barrel. You don't tend to see too many stories, though they're known to crop up, as have analyses of the issue. But mostly the average person reading the paper is not clued in. That is, of course, because inflation is inherently a problem created by whoever is producing the money - and the mainstream media is hardly likely to bite the State that feeds it.