The removal of the gold standard removed partial value of gold as a world standard for credit. It makes sense that "something else" would take over that hierarc

The removal of the gold standard removed partial value of gold as a world standard for credit. It makes sense that "something else" would take over that hierarchy — in this case oil (as a surrogate for energy as a higher concept). They're not wholly unrelated and pretty obviously has driven economic policy and world relations (modern colonialism at the extreme) to some degree.