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# Correction: There was no 50 year #petrodollar agreement, there was a 5 year agreement that auto renews every time it expires

https://citizenwatchreport.com/america-saudi-arabia-petrodollar-agreement-ends-soon/

#grownostr #oil

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gyro 1y ago

# #Petrodollar deal falls apart

https://archive.is/8Uclq

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#grownostr #Bitcoin

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gyro 1y ago

# #OPEC's Trillion-Dollar Bet Against #US #Shale

"It’s important to note that OPEC countries possess 70% of the world’s proved oil reserves. #Russia has another 6%, while the U.S. only has 4%. So, the U.S. and the rest of the world stand to lose economically in the long run if non-OPEC production declines and OPEC regains market dominance."

https://c.newsnow.co.uk/A/1232913510?-1938:2386

https://oilprice.com/Energy/Crude-Oil/OPECs-Trillion-Dollar-Bet-Against-US-Shale.html

#oil #BloodandOil #MichaelKlare

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