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Community > Politics, Current News & Events

Topic: Petro Euros vs. Petro Dollars
Optomistic69 Joined Mon 10/10/11 Posts: 5173	Thu 01/12/12 08:41 AM
Just Posting This For Comment Only... Iran's proposed Euro-based oil trading system is a factor behind the threat of war on Iran Saddam Hussein's shift to petro-euros was a reason the US attacked Iraq http://www.oilempire.us/euro.html

InvictusV Joined Sun 11/23/08 Posts: 5282	Thu 01/12/12 08:54 AM
Just Posting This For Comment Only... Iran's proposed Euro-based oil trading system is a factor behind the threat of war on Iran Saddam Hussein's shift to petro-euros was a reason the US attacked Iraq http://www.oilempire.us/euro.html All I can say to them is good luck..

Optomistic69 Joined Mon 10/10/11 Posts: 5173	Thu 01/12/12 08:58 AM
Just Posting This For Comment Only... Iran's proposed Euro-based oil trading system is a factor behind the threat of war on Iran Saddam Hussein's shift to petro-euros was a reason the US attacked Iraq http://www.oilempire.us/euro.html All I can say to them is good luck.. Do you believe that there is a battle going on Between the Euro and Dollar?

Conrad_73 Joined Sat 09/29/07 Posts: 22488	Thu 01/12/12 09:05 AM
't ain't no difference! Exchange stays the same! US pays in Dollars,EU in EURO etc!

InvictusV Joined Sun 11/23/08 Posts: 5282	Thu 01/12/12 09:06 AM
Just Posting This For Comment Only... Iran's proposed Euro-based oil trading system is a factor behind the threat of war on Iran Saddam Hussein's shift to petro-euros was a reason the US attacked Iraq http://www.oilempire.us/euro.html All I can say to them is good luck.. Do you believe that there is a battle going on Between the Euro and Dollar? There is always a battle going on. Think of it this way.. Europe would pay more for oil imports if they had to buy it in Euros.. They have a huge advantage paying in dollars due to the rates.. Pushing a change makes no sense for them. As far as Iran moving to Euros for Oil, its suicide.. No country can step out on their own and demand a currency that will lead to higher costs for someone that buys it when you have everyone else still selling it cheaper.. Its insane..

Optomistic69 Joined Mon 10/10/11 Posts: 5173	Thu 01/12/12 09:07 AM
't ain't no difference! Exchange stays the same! US pays in Dollars,EU in EURO etc! Thats the nicest thing you have said to me in ages... .

Community > Politics, Current News & Events