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| Re: Iran Dumps the Dollar—Completely (314248) | |||
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Re: Iran Dumps the Dollar—Completely |
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Posted by Orange Blossom Special on Fri May 2 10:21:56 2008, in response to Iran Dumps the Dollar—Completely, posted by Olog-hai on Fri May 2 01:10:22 2008. I was wondering what the price of gas would be if it weren't dollar based yesterday. But the whole deficit and supply thing wouldn't change anyway, and probably wouldn't change much.Supposedly we don't get oil from Iran. Supposedly if Iran was "annihilated" or "wiped off the map", or any number of Iranian expressions the UN finds no fault with, The US has a stockpile that equals 2 years of oil production just from Iran. No harm to us. More importantly, since oil is supposed to be a commodity priced on the markets by traders, what price are they selling it to Europe under the Euro's? |
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