And now they are importing from Norway. A country that's literally trying to outlaw farming and is actively pushing green energy. Sure why not? Here comes the other shoe.
The discussion was about those Russian shills who claimed that Germany/Europe would be freezing this winter because of their dependency to Russian gas and oil.
Do you want to discuss the ethics of sourcing fossil fuel instead?
Saudis Confirm Non-Dollar Oil Trade Plans In Davos
I will explain to you what this means because it is really important to understand. I have explained this many times because many ignorant retards believe that trading oil for non-US Dollar currencies is somehow BAD for the dollar:
Oil is priced in US Dollar. That means that the value of oil is tied to the value of the USD.
It then makes absolutely no fucking difference in what currency oil is traded in because the price is still linked to the value of the USD.
Oil has been traded in other currencies than USD for a very long time. it makes no difference.
Apart from that, what does that have to do with Germany's natural gas supplies?
Anyone who thinks that "petrodollar" means "US Dollar" is an ignorant imbecile.
"Petrodollar" simply means the revenue a country makes from exporting oil. It is not the name of a currency.
It does not mean "US Dollars that are traded for oil" or anything like that.
It it always fucking hilarious to see how ignorant people are when they talk about oil and how it's traded even though it is ridiculously easy to find that information.
And now they are importing from Norway. A country that's literally trying to outlaw farming and is actively pushing green energy. Sure why not? Here comes the other shoe.
https://www.zerohedge.com/energy/poszar-was-right-saudis-admit-non-dollar-oil-trade-plans-davos
Ok, what's your point exactly?
The discussion was about those Russian shills who claimed that Germany/Europe would be freezing this winter because of their dependency to Russian gas and oil.
Do you want to discuss the ethics of sourcing fossil fuel instead?
I will explain to you what this means because it is really important to understand. I have explained this many times because many ignorant retards believe that trading oil for non-US Dollar currencies is somehow BAD for the dollar:
Oil is priced in US Dollar. That means that the value of oil is tied to the value of the USD.
It then makes absolutely no fucking difference in what currency oil is traded in because the price is still linked to the value of the USD.
Oil has been traded in other currencies than USD for a very long time. it makes no difference.
Apart from that, what does that have to do with Germany's natural gas supplies?
Anyone who thinks that "petrodollar" means "US Dollar" is an ignorant imbecile.
"Petrodollar" simply means the revenue a country makes from exporting oil. It is not the name of a currency.
It does not mean "US Dollars that are traded for oil" or anything like that.
It it always fucking hilarious to see how ignorant people are when they talk about oil and how it's traded even though it is ridiculously easy to find that information.
https://community.oilprice.com/blogs/entry/250-why-is-oil-priced-and-traded-in-us-dollars/
https://www.quora.com/Why-is-oil-priced-and-traded-in-U-S-dollars?share=1
https://www.investopedia.com/terms/p/petrodollars.asp
Your point? Are you intellectually unable to articulate an argument?
My point in directly linking you to the definition of "petrodollar" on investodeia.com, which directly contradicts everything you have said?
Well, apparently I don't have one. At least not one that will penetrate that dense skull of yours.