Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

Is the Age of the PetroDollar Over?

November 16, 2012 by mosesman

[youtube=http://www.youtube.com/watch?v=P02vjiEZyUs]

US: “We promise not to kill you if you are willing to accept ONLY dollars for oil.”

  • At the heart of the western Illuminati’s power is their global currency hegemony. Their world currency, the petrodollar ie. USD is the principal mean of enforcing their rule. With it they finance wars without end, destroy countries, manipulate commodity/stock prices, apply economic warfare, buy up the world … etc. All the money, the Mammon power, they need is created out of thin air!
    –
  • It is because oil is sold in USD that the USD – petrodollar has demand and thus gives it value. Once this link is severed, demand for the petrodollar will plummet and the global monetary hegemony is broken. I do not believe that the western Illuminati will allow their hegemony to go quietly into the night. I do not believe they will allow the Chinese Yuan or any other national currencies to replace the petrodollar. They will initiate World War 3 to destroy all challengers. Their plan calls for a new One World Currency backed by gold under their total control. They want to enforce this via their coming Luciferian New World Order, World Government and Global Supra-National Central Bank –> ‘666’!
    –
    Is the Age of the PetroDollar Over? 
    by http://www.thedailybell.com/ 
    U.S. to Overtake Saudi Arabia, Russia as World’s Top Energy Producer … Oil derricks like this one … are part of a shale oil boom that has helped put the United States on track to overtake Saudi Arabia as the world’s leading oil producer. In an indication of how “fracking” is reshaping the global energy picture, the International Energy Agency today projected that the United States will overtake Saudi Arabia as the world’s largest oil producer by 2017 … – National Geographic
    –
    Dominant Social Theme: What a surprise. The US has oil!
    Free-Market Analysis: For some ten years now, we’ve been writing that Peak Oil was a power elite dominant social theme and that the idea of oil scarcity was fraud.
    –
    Well … surprise, surprise. Turns out the West – particularly the US – is just brimming with oil. Of course, this is no surprise to us. Heck, we think oil is abiotic, at least partially, cast up by geological processes. If we had to guess, we’d say oil is one of the most plentiful resources on the planet. It ranks right up there with food and water.
    –
    That’s right. Food and water are plentiful, too! But it’s power elite propaganda – their damnable efforts to scare people into thinking that the basic building blocks of life are scarce – that takes its toll on people’s certainty and comprehension of the truth. Mission accomplished. Here’s more from the article:
    –
    Within just three years, the United States will unseat Russia as the largest producer of natural gas. Both results would have been unthinkable even a few short years ago, but the future geography of supply has shifted dramatically due to what IEA calls America’s “energy renaissance.” The revival can be credited to controversial technologies such as hydraulic fracturing of shale and deepwater production that have enabled the industry to tap into abundant, unconventional sources of natural gas and oil. As a result, new energy frontiers have opened in Pennsylvania and North Dakota. (Related: ” Natural Gas Stirs Hope and Fear in Pennsylvania”)
    –
    The bottom line for the United States is fulfillment of a goal that eluded seven presidents over nearly four decades: energy independence. The U.S., which imports 20 percent of its total energy now, will become largely self-sufficient by 2035, concluded the IEA’s annual World Energy Outlook, often viewed as the bible of the industry.
    –
    Add in Canada, which has its own unconventional production boom in Alberta’s oil sands, and the continent is set to be a net oil exporter by 2030. (Related Quiz: “What You Don’t Know About World Energy”) “North America is at the forefront of a sweeping transformation in oil and gas production that will affect all regions of the world,” said Maria van der Hoeven, executive director of the IEA, a Paris-based organization charged with maintaining global energy security. It all has happened so swiftly that world governments have not yet adjusted to the new realities, observers say …
    –
    According to IEA, by 2020, America’s oil production will reach 11.1 million barrels per day, up from 8.1 million in 2011. Saudi Arabia’s production, meanwhile, will decline from 11.1 million to 10.6 million barrels per day. By 2025, IEA projects, U.S. production will slip back to 10.9 million barrels per day, but Saudi Arabia’s will have increased to only 10.8 million barrels per day.
    –
    The article goes on to say that the picture on natural gas “is even more dramatic.” (But we knew that.) One of the Forbes brothers of publishing fame recently estimated there was enough oil and gas in the US to last 1,000 years. A far cry from the doomsday wails emanating from the Peak Oil choir.
    –
    As a publication that deals with elite dominant social theme, the Daily Bell has a larger question: Is Saudi Arabia being phased out as a prime accomplice of Western Money Power? A deal made back in 1971 between the US and the Saud family cemented the petrodollar, as you know. It surely went something like this:
    –
    US: We promise not to kill you if you are willing to accept ONLY dollars for oil.
    –
    read more!

end

Post navigation

Previous Post:

Jesse Ventura: Secrets of Tesla’s “Death Ray” Revealed !

Next Post:

Alan Greenspan: WE CAN ALWAYS PRINT MORE MONEY!

Pages

  • About

Recent Posts

  • BREAKING: Bessent to Tap $1T Treasury Account for Bond Buybacks!
  • Trump to FLOOD the Market on THIS Date (Most Aren’t Ready)
  • Jeffrey Sachs: The War on Russia & Iran Is Breaking the West [That’s The Plan!!]
  • Pepe Escobar: How Iran Bypasses US Sanctions Using China & Petro-Yuan
  • ‘We’re In A Financial Crisis’: Treasury Readies $1 Trillion Warchest | Danny Moses
  • Col. Jacques Baud: US Declares “Largest Ever” Financial War as Tehran Vows Full Retaliation
  • Pravin Sawhney: Iran’s FINAL CARD Played – Israel’s NIGHTMARE Scenario Begins
  • U.S. Could Strike Iran In 2-3 Days – Prof. Seyed Mohammad Marandi
  • Pepe Escobar: Trump Tried to Bribe Iran’s Generals With Billions — It Backfired
  • Humanoid Robots Compete in Futuristic Tennis Match at Beijing World Robot Games
  • ‘Fighting Israel’s War, Obeying Bibi’: Frustrated U.S. Troops EXPOSE Trump’s Iran Campaign On Cam
  • China Losing Global Giants: Microsoft, Google, Nokia Exit As People Cry For Jobs
  • BREAKING: ‘Iran Drone’ Bombs American Abrams Tank In New War Zone
  • Scott Ritter: How NATO & Russia Came to the Edge of Nuclear War
  • ‘Enough!’: Russia’s Big Iran War ‘ENTRY’ Declaration To Stop U.S. ‘Aggression’ | Watch How
  • Japan Hit By Second Earthquake In One Day; Magnitude 6.2 Quake Strikes Hokkaido | WION Originals
  • THE SYSTEM IS FAILING: Take Back Control Before It’s Too Late | Robert W. Malone, M.D., M.S.
  • Turkey Almost Shot Down Israeli Jets – Malcolm Nance
  • Walmart Just Confirmed The WORST-CASE Scenario For The Economy
  • Treasury Yields Could Spike Above 6% in Next Six Months as Confidence Breaks.
  • Nomi Prins: The Hard Asset Mega-Cycle Is Just Beginning.
  • $40 Trillion Bond Crisis – Washington Is Losing Its Grip
  • PANIC: USA Orders Bond Buyers NOT TO SELL as Bessent Demands China DUMP Iran
  • Gerald Celente’s URGENT Warning! CRASH Coming NEXT MONTH?! GOLD & SILVER To Be BIGGEST WINNERS
  • Michael Hudson: The West’s Debt System Is Breaking
  • Trump Rejected, Gulf Nations Turn To Iran For ‘ISLAMIC NATO’? Israel Faces A Major New Shock
  • Turkey’s Military Scale Faces Israel’s Technology & Air Power | WION | The West Asia Post
  • Special Forces Insider Breaks Silence On What Pastors Were Really Told

Archives

  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
November 2012
M T W T F S S
« Oct   Dec »
 1234
567891011
12131415161718
19202122232425
2627282930  
© 2026 Socio-Economics History Blog | WordPress Theme by Superbthemes