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Saudi Arabia Threatens To Drop Dollar For Oil Trades

 
Remedial_Rebel
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04/05/2019 12:48 PM

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Saudi Arabia Threatens To Drop Dollar For Oil Trades
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.

[link to finance.yahoo.com (secure)]


The US petro $ not looking so good.

Maybe the Fed should you stop quantitative easing. Just maybe.
15666.44

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04/05/2019 01:12 PM

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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
The US is the #1 oil producer in the world and SA's wells are drying up so MEH!

MEH-kitty

Last Edited by 15666.44 on 04/05/2019 01:12 PM
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Adytum

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04/05/2019 01:13 PM

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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
What do they want now?


Nukes?


nuke
No, trolls, I'm not Jewish.

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Remedial_Rebel  (OP)

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04/05/2019 01:22 PM

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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
The US is the #1 oil producer in the world and SA's wells are drying up so MEH!

MEH-kitty
 Quoting: 15666.44


Much of the dollar's value is based on being the world's #1 reserve currency. Even if oil trade with SA continues to drop, SA trade with other nations will continue. If SA followed through on their threat, other OPEC countries would follow SA's lead.
sonofthemorning

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04/05/2019 01:46 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
I pET goat video.... war
BBQ BOY™

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04/05/2019 01:51 PM

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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
This is like the 90 millionth time they made this threat.
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Anonymous Coward
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04/05/2019 01:53 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
Then they will get attacked by the US military or be overthrown by the USA.
AltSwede

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04/05/2019 01:54 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
Then they will get attacked by the US military or be overthrown by the USA.
 Quoting: Anonymous Coward 64985415


Good, finally an end to islam.

Don't forget to destroy the idol in Mecca they keep worshiping.
AltSwede
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04/05/2019 01:55 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
The US is the #1 oil producer in the world and SA's wells are drying up so MEH!

MEH-kitty
 Quoting: 15666.44


Much of the dollar's value is based on being the world's #1 reserve currency. Even if oil trade with SA continues to drop, SA trade with other nations will continue. If SA followed through on their threat, other OPEC countries would follow SA's lead.
 Quoting: Remedial_Rebel


No they wont, we will invade before we lose power. You really have no clue.

USA will NEVER relinquish power. We have military bases all over the world for a reason, and its not to play baseball.
Remedial_Rebel  (OP)

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04/05/2019 02:10 PM

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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
The US is the #1 oil producer in the world and SA's wells are drying up so MEH!

MEH-kitty
 Quoting: 15666.44


Much of the dollar's value is based on being the world's #1 reserve currency. Even if oil trade with SA continues to drop, SA trade with other nations will continue. If SA followed through on their threat, other OPEC countries would follow SA's lead.
 Quoting: Remedial_Rebel


No they wont, we will invade before we lose power. You really have no clue.

USA will NEVER relinquish power. We have military bases all over the world for a reason, and its not to play baseball.
 Quoting: Anonymous Coward 64985415


Like they invaded in the 1973 (so called) Oil Crisis? Try reading a little history.

Last Edited by Remedial_Rebel on 04/05/2019 02:10 PM
PhiloSophiaZoso

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04/05/2019 02:10 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
Wow - even after the $25 billion in weaponry we sold them for genocide? Mobster do as mobsters do I guess...

1dunno1
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Anonymous Coward
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04/05/2019 02:12 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
Until they fess up to the gold of exodus,my stance is nuetral.
Anonymous Coward
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04/05/2019 02:13 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
They have all of the fucking GOLD now and we give it to them.
Remedial_Rebel  (OP)

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04/05/2019 02:16 PM

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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
This is like the 90 millionth time they made this threat.
 Quoting: BBQ BOY™


This could be an idle threat, but with exports to the US declining, it may not.

The dollar is step by step losing it's place as the world's reserve currency.

Again, it's value is highly leveraged against that.
Anonymous Coward
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04/05/2019 02:17 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
They want nukes.
Anonymous Coward
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04/05/2019 02:21 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
Wow - even after the $25 billion in weaponry we sold them for genocide? Mobster do as mobsters do I guess...

1dunno1
 Quoting: PhiloSophiaZoso


but it seems these mobsters can't even pull their own triggers


timing is cute given congresses decision to pull out of yemen


isn't it
PhiloSophiaZoso

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04/05/2019 02:22 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
Wow - even after the $25 billion in weaponry we sold them for genocide? Mobster do as mobsters do I guess...

1dunno1
 Quoting: PhiloSophiaZoso


but it seems these mobsters can't even pull their own triggers


timing is cute given congresses decision to pull out of yemen


isn't it
 Quoting: Anonymous Coward 77505010


Yup! Like an old married couple...

chuckle
Nature in human form. Everyone and everything is an aspect of self.
Thread: Unseen Dimensions: Journals of an Interdimensional Traveler
[link to www.godlikeproductions.com]
We ride on the silver lining of a light beam which appeared from nothing out of nowhere somehow.
"Simplicity is complexity resolved" Constantin Brancusi
Give love a chance.
PhiloSophiaZoso

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04/05/2019 02:22 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
It's your turn to do the dishes!!
Nature in human form. Everyone and everything is an aspect of self.
Thread: Unseen Dimensions: Journals of an Interdimensional Traveler
[link to www.godlikeproductions.com]
We ride on the silver lining of a light beam which appeared from nothing out of nowhere somehow.
"Simplicity is complexity resolved" Constantin Brancusi
Give love a chance.
BilloutWest

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04/05/2019 02:26 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
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.

[link to finance.yahoo.com (secure)]


The US petro $ not looking so good.

Maybe the Fed should you stop quantitative easing. Just maybe.
 Quoting: Remedial_Rebel


More important the US needs to stop supporting wars like YEMEN!

Get out of Syria and about 180 other countries.

The Petro Dollar is all about power which we haven't handled well.
Remedial_Rebel  (OP)

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04/05/2019 02:29 PM

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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
Wow - even after the $25 billion in weaponry we sold them for genocide? Mobster do as mobsters do I guess...

1dunno1
 Quoting: PhiloSophiaZoso


but it seems these mobsters can't even pull their own triggers


timing is cute given congresses decision to pull out of yemen


isn't it
 Quoting: Anonymous Coward 77505010


That and the Khashoggi incident, SA US relations are not at their there best.
Anonymous Coward
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04/05/2019 02:42 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
Currency change= regime change
Gelatinous Mass

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04/05/2019 02:58 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
They have all of the fucking GOLD now and we give it to them.
 Quoting: Anonymous Coward 77254699


Pffffffffft.

Truth be told, they are merely holding onto it for us.

For dropping the dollar on oil trades or any other reason, the U.S. can
very easily overthrow / undermine / remove the House of Saud without
much effort.

And for those not paying attention, Saudi Arabia now has their first
nuclear power plant ready to come online.

This will make a nice target at the appropriate time.

[link to www.theguardian.com (secure)]
Anonymous Coward
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04/05/2019 03:01 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
Probably explains why SA want Russian S-400

dddd
Anonymous Coward
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04/05/2019 03:07 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
To some countries the US may seem weak, stretched thin, broke and disinterested in long protracted wars. So it emboldens some of these pretty weak countries and some other countries with more larger war machines, namely places like China.

However make no mistake, the US would still mop the floor with any country in a total war scenario, which has not been seen since WW 2.

They know that as well and do not envision the US ever getting involved in that again but you never know.

The American people have been gunning for a major victory for over 70 years. The first Gulf War was a tiny taste of that and to some degree, the immediate aftermath of Iraq in 2003 not to mention the routing of the Taliban in 2001.
G3

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04/05/2019 03:12 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
This is like the 90 millionth time they made this threat.
 Quoting: BBQ BOY™


joker
Anonymous Coward
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04/05/2019 03:12 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
To some countries the US may seem weak, stretched thin, broke and disinterested in long protracted wars. So it emboldens some of these pretty weak countries and some other countries with more larger war machines, namely places like China.

However make no mistake, the US would still mop the floor with any country in a total war scenario, which has not been seen since WW 2.

They know that as well and do not envision the US ever getting involved in that again but you never know.

The American people have been gunning for a major victory for over 70 years. The first Gulf War was a tiny taste of that and to some degree, the immediate aftermath of Iraq in 2003 not to mention the routing of the Taliban in 2001.
 Quoting: Anonymous Coward 76236059


Erm, Pretty sure Iraq and Afghanistan wars were COALITIONS.

I don't recall a single war the US has won all on its own !
Anonymous Coward
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04/05/2019 03:14 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
We don't declare wars anymore.
Truth Reaper

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04/05/2019 03:16 PM

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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
glo0001
Truth Reaper

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04/05/2019 07:24 PM

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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
They want help in Yemen!
Anonymous Coward
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04/05/2019 08:46 PM
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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
They want nukes.
 Quoting: Anonymous Coward 77254699


They HAVE nukes ... they paid for Pakistan's nuke program and now they have Pakistan "storing" their share of the nukes that were built for them.

All it takes is a simple phone call to Pakistan and VOILA! Nukes available for pickup (in fact that may have been what happened back in late Feb with the SA military Gulfstream making a quick round trip to Pakistan)
Truth Reaper

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04/05/2019 09:10 PM

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Re: Saudi Arabia Threatens To Drop Dollar For Oil Trades
They want nukes.
 Quoting: Anonymous Coward 77254699


They HAVE nukes ... they paid for Pakistan's nuke program and now they have Pakistan "storing" their share of the nukes that were built for them.

All it takes is a simple phone call to Pakistan and VOILA! Nukes available for pickup (in fact that may have been what happened back in late Feb with the SA military Gulfstream making a quick round trip to Pakistan)
 Quoting: Anonymous Coward 77524540


They want help in Yemen!
 Quoting: Truth Reaper