Russia's state arms dealer also said Thursday that it will sell anti-aircraft systems, armored personnel carriers and fighter jets to Venezuela. That in itself is worrisome.
Experts wary of dearer oil's effect on output
Reuters
Published: September 19, 2008, 23:42
But Saudi Arabia, Opec's largest member, has exceeded its output quota over the summer to prevent further harm to its rich-world customers, already reeling from the credit crunch.

Frankly, I don't know squat about Ron Paul, & I didn't learn much watching these.
I would like to know why a lot Americans don't know the basics about oil and petrodollars.
Hat tip to Grumpy Old Man
Ron Paul: The PetroDollar - Part 1/4
Ron Paul: The PetroDollar - Part 2/4
Ron Paul: The PetroDollar - Part 3/4
Three years after the recycling began we were acclimated to truth in fiction and fiction in truth.
Ron Paul: The PetroDollar - Part 4/4
Iranian Oil Bourse
Estimated reserves in order
Yeah, all that blather about Iran being a threat?
It's not about noo-kyu-ler ambitions, it's about economic devastation.
MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES
I believe we got here through a combination of short term goals by business interests and politicians. When you only look towards next quarter's earnings and the next election, the American people get lost in the shuffle.




