Good oil conference, page-7

Agree OGG, however i think at some point the fundamentals of the commodity come into play rather than just behaving as a currency.

I'm not much of a believer in the strength of the US economy but the negative pressures on the Australian economy are probably greater at this point. Of course currencies are not really about fundamentals anymore and all about relative weakness.

Anyway getting off topic but as I said I believe that currency/oil price are more likely to move in our favour.