Elbeck, Matt - In: Energy Policy 38 (2010) 4, pp. 1938-1945
major currencies index and crude oil price over the period January 1999-March 2009. A dynamically weighted petro-dollar … compared against the proposed petro-dollar index to reveal an average US$8.1 billion annual gain in favor of the petro-dollar … complete dependence on the US dollar crude oil pricing. The proposed petro-dollar crude oil pricing schema offers OPEC a crude …