[lonestar67]

incorrect

[chuckr]

I agree......most middle eastern logic revolves around 2,000 year old theology that is lacking in anything positive....they just want to kill / destroy any culture other than Islam......they will receive total destruction for their deeds and the rest of the world will have to learn how to live without Islamics oil.......

[nj_pilot]

This piece is not half-baked. It's not even warm. the author is either ignorant or attempting to mislead.

If this aweful (!) thing should come to pass, producers will have excess euro's to sell, not excess dollars. No net effect on the dollar vs the euro, because the lower consumer demand for dollars is exactly offset by the lower producer supply of dollars.

moreover, if anyone wants to buy oil in euros or zlottys or cowpies, they can. find a seller who wants cowpies or a bank that will cowpies for dollars, and you are in business.