It's not this simple. Petrodollar is contingent on supplying dinosaur-juice to the world's wealthiest country. An isolationist America that resorts to price-co

It's not this simple. Petrodollar is contingent on supplying dinosaur-juice to the world's wealthiest country. An isolationist America that resorts to price-controls or money-printing in order to keep its oil producers afloat risks run-away inflation. Not only due to the issue of EROEI, but also due to threats to its primacy in the global order. Of course many of think its unfair that the world pays for the US warmongering and general debauchery, but I imagine there are enough people in the State-dept. and the Fed to understand this even if they pretend this whole thing is a "conspiracy theory" to be punished with blasphemy.