Quote:
Originally Posted by seeandsee
electric car will go on after oil mafia is off
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Oil it is not only Oil. It is else Dollars.
Dollars & Drama - Oil Trading From World War II To Today...And What's Next
Beginning around 2009, reports began surfacing that several major oil producing nations, including China and members of the Gulf Co-operation Council, were discussing the creation of their own oil benchmarks to challenge the dominance of the US dollar. And this past summer, China announced the imminent creation of a yuan-based benchmark. The Shanghai-based contract will compete in the oil futures market, which directly threatens the US dollar's 40-year role in the global oil market.
Dollars & Drama - Oil Trading From World War II To Today...And What's Next - Oilpro