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To: jdsteel
And since oil and gas is traded in US dollars energy costs will go up.

Not any more. Saudi just signed an agreement with Russia and China to accept rubles and yuan for oil. Bye bye PetroDollar.

28 posted on 09/20/2021 4:26:01 PM PDT by Oatka
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To: Oatka

“Not any more. Saudi just signed an agreement with Russia and China to accept rubles and yuan for oil. Bye bye PetroDollar.”

Let;s see how long that lasts. The Saudi’s may become unhappy with the currency manipulation of those currencies.


29 posted on 09/20/2021 5:56:31 PM PDT by jdsteel ("A Republic, Madam, if you can keep it." Sorry Ben, looks like we blew it.)
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