I have read on the topic for years. Since my career and providing for my family has been dependent on the petro-industry, I’m more than a little interested.
You posted it on the thread. What actual actions do you thinks would be good to take?
I think that if we were to stop being a customer of OPEC, we would have less influence over them and other nations would jump in to provide that missing influence, nations hostile to our interests. Before you know it,OPEC will be accepting rubles or yuan or euros for oil and then, the next thing you know, demand for the dollar will plummet which will result in a fiscal crisis unlike anything we have ever seen. Our way of life has evolved around the petrodollar arrangement. I’m pretty sure it’s in our interest to maintain that arrangement at any cost. all just my opinion of course.
