Article: New Eastern Energy Cartel: Replacement to the Dead Petro-Dollar

The Petro-Dollar is showing numerous signs of being dead. The OPEC cartel is defunct, rendered a useless gaggle steeped in disunity. Enter the Eastern energy cartels to fill the void. The Russians are forming an effective Oil Consortium for supply. Iran is working to form a natural gas cartel, joined by Russia and Qatar. The implications are vast for both the USMilitary and the USDollar. The US global dominance will be cast aside, a process already underway. These energy cartels will assure the end of the USDollar as global currency reserve. They will also open the door for the Gold Standard in various forms.