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Saudi Arabia Threatens To Drop Dollar For Oil Trades
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 71218931:MV80MDEzMDYxXzcyNjU4NDI5XzQzNkY3Mjk2] [quote:Anonymous Coward 64985415:MV80MDEzMDYxXzcyNjUyMDE3X0U3NEU0NEVB] Then they will get attacked by the US military or be overthrown by the USA. [/quote] Not us, but Yeman, Iran and others. Part of the Petro deal was they use dollars and we protect them. [/quote]
Original Message
Saudi Arabia has threatened the United States to stop using dollars for its oil trades in an attempt to discourage legislators from passing a bill dubbed NOPEC aimed at holding OPEC liable for cartel practices under U.S. law.
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link to finance.yahoo.com (secure)
]
The US petro $ not looking so good.
Maybe the Fed should you stop quantitative easing. Just maybe.
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