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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

OCTOBER 31, 2014

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. The US dollar then went through a massive devaluation, and oil played a crucial role in propping it back up.

Russia 225
Russia Oil Saudi Arabia China 225
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

FEBRUARY 28, 2022

Russia is the world’s second largest producer of crude oil, behind the United States and ahead of Saudi Arabia, and its second largest exporter, behind Saudi Arabia. For natural gas, it is the world’s second largest producer , behind the United States and ahead of Iran, and its largest exporter. Consumption of E.U.-produced

Ukraine 121
Ukraine Russia Fuel Saudi Arabia 121
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