Crude oil prices surged past $125 a barrel on Friday, and you can blame the weak US dollar.
Investors are turning to commodities, such as oil, in response to the devalue dollar. Erin Roth of the Wisconsin Petroleum Council says it's a matter of economics. He says other countries with a higher valued currency are coming in to buy more in the US, because the dollar is worth less. As a result, oil is seen as more valuable than the currency market.
Roth says is being seen a "black gold" for investors hoping to hedge against inflation.
