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  • Oil Quotes   53
  • The petroDollar system breaking down, where oil is no longer paid for in Dollars internationally, essentially would be the death knell to the US Dollar as the reserve currency. It means the US can't borrow with 'exorbitant privilege' anymore, and it means the US Treasury market is set for an out-of-control interest rate spiral.
  • 6 years ago



    Tags : Addison Wiggin Quotes , Mean Quotes , Oil Quotes
  • Immense deposits of kimmeridge clay, containing the oil-bearing bands or seams, stretch across England from Dorsetshire to Lincolnshire. [An early political recognition of the native resource. The Geological Survey had identified the inflammable oil shale in reports since at least 1888.]
  • 5 years ago



    Tags : Winston Churchill Quotes , Oil Quotes , Political Quotes