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Saudi Arabia ditches US dollar and will NOT renew the 50 year 'petro-dollar' agreement with the US

Posted by Admin Dee on June 13, 2024 at 4:46am

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  • Eric W Belko Sr. June 13, 2024 at 10:30am

    If Americans weren't stupid enough to let the fake President Obama take office, none of this would have happened.

  • RICHARD D SANDERS June 13, 2024 at 8:39am

    Let's see how Saudi deals with all that FIAT CURRENCY.  And BACK TO TEXAS OIL HERE. Our economy can be Augmented by NEW REFINERY CONSTRUCTION.  And YES asILONA JNDICATES the "MUSLIM MORAL CODE" has NO  civil or commercial loyalty.  Let's "DIVORCE" OUR USA from Any such alliances.

    • Paul Simmon > RICHARD D SANDERS June 13, 2024 at 11:02am

      Richard, I'd say we wait for President Donald J Trump to determine what the right approach to Saudi Arabia is. In his first term he got very close with the Saudis because it was good for America. Maybe he will change his tune in the second term but it all depends on President's Trump assessment of the impact any relationship has on America. Let's resolve that we support President Trump's decision in either case as we support any of his decisions and actions otherwise as well. Trump 2024!!!

    • MICHAEL D DUNCAN > Paul Simmon June 13, 2024 at 3:04pm

      PAUL, WE ARE NOT CALLING THE SHOTS HERE, SAUDI ARABIA IS!  ARE YOU NOT AWARE OF THE BRICS?    THEY HAVE BEEN WORKING TO REPLACE THE US$ AS THE WORLDS RESERVE CURRENCY, AND THEY ARE SUCCEEDING THANKS TO BIDEN.   AT THIS POINT, IF WE ACTUALLY HAVE A 2024 ELECTION AND TRUMP IS THE WINNER, WE WOULD BE A LOT BETTER OFF FOR TRUMP TO REMOVE ALL BARRIERS THAT HAVE SHUT DOWN OIL PRODUCTION IN THE USA AND GET US BACK WHERE WE WERE WHEN TRUMP WAS THE PRESIDENT, THAT IS ENERGY INDEPENDENT! 

    • RICHARD D SANDERS > MICHAEL D DUNCAN June 13, 2024 at 4:50pm

      You Got It MICHAEL

    • Janet E Christian > RICHARD D SANDERS June 13, 2024 at 9:51am

      Amen

    • MICHAEL D DUNCAN > RICHARD D SANDERS June 13, 2024 at 8:41am

      AGREE!

    • Paul Simmon > MICHAEL D DUNCAN June 13, 2024 at 11:02am

      Michael, how can you agree with Richard's statement and with your own statement that this is "just another step in the democrats efforts to destroy America"? 

    • MICHAEL D DUNCAN > Paul Simmon June 13, 2024 at 2:49pm

      PAUL, BECAUSE THAT IS EXACTLY WHAT IT IS "just another step in the democrats efforts to destroy America"!    WHAT ELSE CAN YOU CALL IT!     I AM WELL AWARE OF THE SIGNIFICANCE OF ITS  NEGATIVE EFFECT ON THE DOLLAR, AND I AM ALSO AWARE THAT HAS BEEN FORCED ON US BY BIDEN'S DESTROYING THE ECONOMY.  IT HAS BEEN IN THE WORKS FOR QUITE A WHILE AND THIS IS JUST THE FIRST STEP.  RICHARD'S POSITION THAT THE USA SHOULD BE ENERGY INDEPENDENT IS EXACTLY RIGHT!

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