Thread: Oil............
View Single Post
  #12  
Old 01-01-2010, 09:54 AM
BlueStreak's Avatar
BlueStreak BlueStreak is offline
Area Man
 
Join Date: Oct 2009
Location: The Swamp
Posts: 27,451
Quote:
Originally Posted by HatchetJack View Post
He threatened to sell his oil for euros. If all of opec were to follow suit, our
outlook is very bleak. We dont have much to offer the rest of the world.
Some are keeping us propped up because of the consumers that we are and
others just keep us around to be the world's police. Iran has now gone to
all euros and the dollar keeps losing ground to it. We are in big trouble.
When Europeans buy oil, what do you think they pay for it with? My guess would be Euros. Wouldn't it?

Dave
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
Reply With Quote