Here's a radical idea: What if there were a country who pegged it's currency not to the dollar, or to gold, but rather to oil? An interesting idea, but would p

Here's a radical idea: What if there were a country who pegged it's currency not to the dollar, or to gold, but rather to oil? An interesting idea, but would probably get awkward in the mid-to-long term. Oil is a consumable resource with a finite (and dwindling) supply. At some point in the relatively near future, the price of oil is likely to gradually become completely unhinged from its historical value (in the sense of value as wealth, not cost). You'd get some of the same effect in a more stable manner if you instead pegged a currency by energy production capacity of an arbitrary consumable resource. For instance, something like "one zorkmid shall equal the average cost in consumed resources to produce twenty kWh of power from a power plant generating at least one gigawatt" or "one zorkmid shall equal the cost in consumed resources to drive at 50mph for one hour in a standard four-passenger vehicle".