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Petrodollar Warfare : Oil, Iraq and the Future of the Dollar
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Abstract: Energy analysts agree that world oil supplies are about to peak, after which there will be a steady decline in supplies of oil. Iraq, possessing the world's second-largest oil reserves, was therefore already a target of US geostrategic interests. Together with the fact that Iraq had switched to paying for oil in Euros-rather than US dollars-the Bush administration's unreported aim was to prevent further OPEC momentum in favor of the euro as an alternative oil transaction currency standard. The single best resource you will find to explain the state of the world we live in today. Well researched and non-partisan. Plenty of well placed, historic quotes that help put things into perspective.
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