The oil producing countries have drawn their line in the sand.... They will not accept a lower dollar valuation.... Their hedge has been put in place..... Before , one did not see tit for tat price movement .... now you do.... Thus what has changed.....the fact that the oil producing states have already stopped taking less for their oil..... The only key for the dollar at this point .....that will lower the price of oil....is an increase in interest rates..... The oil producing states will accept 1.05x1.07x1.08 long before they accept 1.01x1.02x1.03.... Thus their adjustment hedge has been made...with the help of Morgan Stanley, Goldman Sachs, and others....who have construvted their oil/dollar hedges for them....