This is another component of the emerging "economic/currency wars"...
"Oil Not Priced in Dollars by 2018?: Some oil producing countries and big buyers are hatching a plan to move away from pricing oil in dollars—a potential blow to the greenback's prestige" (http://www.businessweek.com/globalbiz/content/oct2009/gb2009...)
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This is another component of the emerging "economic/currency wars"...
"Oil Not Priced in Dollars by 2018?: Some oil producing countries and big buyers are hatching a plan to move away from pricing oil in dollars—a potential blow to the greenback's prestige" (http://www.businessweek.com/globalbiz/content/oct2009/gb2009...)
For more, see "petrodollar warfare", (http://en.wikipedia.org/wiki/Petrodollar_warfare), AKA the "oil currency wars"
that's full of "citation needed" and "which economists?"