Is Oil A Resource, Money, Or Both?
CRUDE OIL is the standard reserve currency of the world (not the fiat U.S. dollar). What makes you think it’s the Government’s fault that gas prices are high? Please understand these several things that have been in place since the 1970’s
Saudi Arabia Considers Accepting Yuan for Chinese Oil Sales
According to the report, the talks with China over yuan-priced oil contracts have been off and on for six years but have accelerated this year as the Saudis have grown increasingly unhappy with decades-old U.S. security commitments to defend the kingdom.
