[Verse 1: Dolly Parton & Ronnie McDowell]
Last night, I dreamed of Elvis, he was standing in the light
Looking radiant and beautiful, just like he did in life
I said, "E, it's good to see you, look so healthy and at peace"
He said
"You know, I’m really happy here, how's things in Tennessee?"
Well, I told him we all missed him, that the whole world loved the King
He said
"You know, if things were different, I'd ask you to wear my ring"
I said, "El, uh, can I call you El?"
"Ah, Elvis, El, or E"
I said, "Am I just dreamin’, or were you just flirtin' with me?"
"Uh-huh-huh"

[Chorus: Dolly Parton, Both & Ronnie McDowell]
Whoa-ho, I dreamed about Elvis, dreamed about Elvis
Dreamed about Elvis last night
We sang "Don't Be Cru?l" and "All Shook Up"
"Heartbreak Hotel" and "That's Alright"
"L?t Me Be Your Teddy Bear" and "Blue Hawaii" too
"Jailhouse Rock" and "Viva Las Vegas"
"Kentucky Moon of Blue"
"Blue Moon of Kentucky" (Shiloh)

[Verse 2: Dolly Parton & Ronnie McDowell]
Then he curled his lip and said
"You know, you remind me a little of Monroe"
"Oh," and I said, "Really? Marilyn?" And he said
"No, Bill"
"Bill, the King of Bluegrass?"
"Uh-huh"

I dreamed about Elvis, dreamed about Elvis
Dreamed about Elvis last night
Uh-huh
I dreamed about Elvis, dreamed about Elvis
Dreamed about Elvis last night
Oh, oh yeah

[Verse 3: Dolly Parton, Ronnie McDowell & Both]
And the dream went on
And I dreamed I said in real life, "You sang so many songs
And I always thought I'd like to hear you sing one of my own"
He said
"I almost did one of yours, the one about true love
The 'I Will Always Love You' song, but the Colonel screwed that up"
Well, he sure did, but after all, this is my dream
It would be a dream come true if maybe you could sing it now
And let me sing with you, and we sang
I will always love you, I will always love you

[Bridge: Ronnie McDowell, Dolly Parton & Both]
I hope life (I hope life)
Treats you kind (Will treat you kind)
And I hope (I hope)
You have all that you've dreamed of
I wish you joy (I wish you joy)
And happiness (And happiness)
But above all this, I wish you love (I wish you love)
And I will always love you (Oh), I will always love you
Oh, then I woke up

[Chorus: Dolly Parton, Both & Ronnie McDowell]
I dreamed about Elvis, dreamed about Elvis
Dreamed about Elvis last night
We sang "Blue Suede Shoes" and "Love me Tender"
"Burnin’ Love", "Are You Lonesome Tonight"
Dreamed about Elvis, dreamed about Elvis
Dreamed about Elvis last night
Uh-huh
I dreamed about Elvis, dreamed about Elvis
Then he faded into the light

[Outro: Ronnie McDowell]
Thank you, thank you very much