Petrodollars & US dollar

How long will China finance America?
Geithner-Dollar to remain world's key reserve currency
Yuan small step
History suggests it could be decades before the dollar is dislodged

A weekly round-up including:
- Prices and production
- Iraq

As strange as it may seem, the peak oil crisis, which has been focused on geologic constraints to oil production, supply and demand, geopolitical threats and inadequate investment, seems to be morphing into an issue of how much debt the U.S. Treasury can sell and still keep interest rates under control.

Australia’s new Energy White Paper will be crucial in dealing prudently and effectively with the immense challenges facing Australia as the era of cheap energy and the economic system based upon it comes to an end. We are now in the early stages of an unprecedented economic failure - the terminal decline and probable collapse of global Capitalism.

Jeff Rubin's new book on peak oil
Canada's reckless carbon habit
Oil: No Supply Side Answer to the Coming Crisis

Switzerland's one-man bank
Survey: Americans reclassifying luxury, necessity in recession
Crisis plunges US middle class into poverty
Sharon Astyk: Rates of return
US ‘soft power’ and the banks

U.N. panel says world should ditch dollar
Too big to fail? Think again
The economy is a real killer (health and recession)
Keynes, capitalism, and the crisis (John Bellamy Foster interview)
China’s big recycling market is sagging

China Changes Calculus for Petro-Rulers
China prepares to buy up foreign oil companies
China, Venezuela bolster 'strategic fund' for development

Embracing Petrocollapse
A New Kind of Big Science
Seven Grams CO2 per Google Search? Not True or Relevant, but Fun To Repeat

Falling Oil Prices: Again, Blame Speculators
Oil Tumbles 12 Percent as U.S. Supplies Rise More Than Forecast
Era of Cheap Energy 'Will Never Return'
Norway Sees Oil Production Falling 9.7% This Year