Arabs drops Dollars

Status
Not open for further replies.
Not surprised, Arab state are prefer to take basket of currencies over locked to dollar only but in market share, world oil is priced in dollar and pay with other currencies maybe use conversion rate, I believe so.

Kudos to Canada, also I think that USA need start drilling the oil, such as offshore or oil shale (like Canada with tar sand) that found in Utah, Colorado and Wyoming but congresses haven't bother about lift the drilling ban, that waste of our time.

Thanks to kokonut for give a rich information about oil shale.
 
I'd rather to see USA make the switch to green power and keep oil for things that we really need oil for. I am sure there are things that we really need oil for and convert what we can from oil to solar/wind/geothermal/hydro power.
 
Status
Not open for further replies.
Back
Top