TITLE

How Dangerous Are They?: A Primer on Petrodollars

AUTHOR(S)
Rolfe, Sidney E.
PUB. DATE
January 1975
SOURCE
New Republic;1/18/75, Vol. 172 Issue 3, p9
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on economic consequences of petrodollars, the price paid in dollars to oil-producing countries by the U.S. and other western countries in exchange for oil and petroleum. Definition of petrodollars; Magnitude of the problem of petrodollars; Overview of methods adopted by various western countries to pay oil-producing countries in exchange for oil; Information on ways in which Arab countries reinvest petrodollars.
ACCESSION #
10241044

 

Related Articles

  • Has the Bubble Burst? Cullen, Art // Progressive Populist;Oct2008, Vol. 14 Issue 17, p15 

    The article focuses on the strength of the dollar and the drop of oil prices and other commodities in the U.S. market. It states that 29% of corn prices dropped since June 2008 while steel prices decrease for 30% which causes Americans to cut 5% in their daily consumption. It also notes that the...

  • It's time to petition the government. Freedenberg, Paul // American Machinist;Apr2004, Vol. 148 Issue 4, p26 

    Reports on the plan of the Fair Currency Alliance to file a petition with the U.S. Government to assert that China's practice of undervaluing its currency impairs the obligations that it undertook when it became a member of the World Trade Organization. Information on Section 301 of the Trade...

  • The problem with vowels. Thredgold, Jeff // Enterprise/Salt Lake City;10/4/2004, Vol. 34 Issue 15, p9 

    Discusses factors that affect the growth of the U.S. economy and stock market in 2004. Global terrorism; Oil price escalation; Weakness of the dollar.

  • It's all about control, not the price of petrol. Almond, Mark // New Statesman;4/7/2003, Vol. 132 Issue 4632, p23 

    Discusses the role of oil as an incentive to fight the war in Iraq. Discussion of British and American reliance on oil from the Oil Producing and Exporting Countries (OPEC); View of the author that the war is about control of Iraqi oil, not the price; Discussion of vice-president Dick Cheney's...

  • Oil politics in New Hampshire.  // New Hampshire Business Review;2/3/2006, Vol. 28 Issue 3, p28 

    The article comments on the petroleum industry in New Hampshire. According to the author the state will not benefit from the low-cost oil that Venezuela has been selling to states in the Northeast to assist poor families cope with high energy prices. John Sununu, the state's junior senator,...

  • Butadiene Pricing Pressured by Euro, Energy Costs.  // Chemical Market Reporter;12/8/2003, Vol. 264 Issue 20, p8 

    Examines the factors influencing the stable pricing of butadiene in 2003. Influence of the higher crude oil costs and widening gulf between the euro and the U.S. dollar; Expectations of a possible rollover of prices.

  • U.S. International Transactions, First Quarter 2003. Weinberg, Douglas B.; Abaroa, Patricia E. // Survey of Current Business;Jul2003, Vol. 83 Issue 7, p49 

    Provides an overview of U.S. international transactions for the first quarter of 2003. Increase in the U.S. current-account deficit; Financial outflows for U.S.-owned assets abroad; Status of the U.S. dollar in the exchange markets. INSETS: Revisions to the Estimates;Data Availability;New and...

  • Trends in world trade.  // Fortune;7/25/1994, Vol. 130 Issue 2, p122 

    Discusses various recent developments in international trade. Information on factors shaping world trade; Reference to the emergence of China as a global trading partner; Focus on the factors affecting decline in the value of the U.S. Dollar.

  • Worried About the Dollar. Zagorin, Adam; Baumohl, Bernard // Time;10/11/1999, Vol. 154 Issue 15, p54 

    Discusses the value of the United States dollar against the Japanese yen. How a weak dollar affects the US economy; Growth of US indebtedness for foreign goods; Impact on foreign investment in the US; Effect of a weak US dollar on the Japanese economy.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics