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**diemeareendup** · 06-02-2012, 10:20 PM

Something else to consider. How much oil will we get from beneath our own feet if the dollar collapses or is replaced, as China and the BRICs would like to see?

The way this all works in our advantage is:

1) Dollar strong.

2) Global Medium of exchange.

If that changes, we could easily sell leases for a pittance and not even be able to afford to purchase our own output.. The oil beneath American's feet would go somewhere else.

06-02-2012, 10:20 PM	#15
diemeareendup Join Date Oct 2005 Posts 410 Senior Member	Something else to consider. How much oil will we get from beneath our own feet if the dollar collapses or is replaced, as China and the BRICs would like to see? The way this all works in our advantage is: 1) Dollar strong. 2) Global Medium of exchange. If that changes, we could easily sell leases for a pittance and not even be able to afford to purchase our own output.. The oil beneath American's feet would go somewhere else.
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