petrodollar

The United States’ ability to maintain its influence over the rest of the world has been slowly diminishing. Since the petrodollar was established in 1971, U.S. currency has monopolized international trade through oil deals with the Organization of the Petroleum Exporting Countries (OPEC) and continuous military interventions. There is, however, growing opposition to the American standard, and it gained more support recently when several […]

Saudi King Salman, second right, walks with US President Donald Trump to attend the Arab Islamic American Summit, at the King Abdulaziz Conference Center, May 21, 2017, in Riyadh, Saudi Arabia. (AP/Evan Vucci)
 

(ANTIMEDIA) — The United States’ ability to maintain its influence over the rest of the world has been slowly diminishing. Since the petrodollar was established in 1971, U.S.

(MPN) One of the major tenets of Donald Trump’s presidential campaign was his promise to bring about “complete American energy independence,” a promise that won him the unwavering support of the U.S. fossil fuel industry and several key endorsements.

President Donald Trump shakes hands with Saudi Defense Minister and Deputy Crown Prince Mohammed bin Salman, Tuesday, March 14, 2017, in the State Dining Room of the White House in Washington. (AP/Evan Vucci)

President-elect Donald Trump, center, listens to a member of the military in the stands as he watches an Army-Navy NCAA college football game at M&T Bank Stadium, Saturday, Dec. 10, 2016, in Baltimore. (AP/Andrew Harnik)

It's a lot deeper than people realize.

4.89/5 (9) Yesterday I blogged about the wider context behind the USA's seemingly choatic and contradictory policies in the Middle East, which appear to be to create as much chaos as possible by inflaming internal and…
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