Submitted by Anonymous on Wed, 05/21/2014 - 14:53
by: CLAYTON HALLMARK The situation between Russia and the USA almost has reached a state of “hot” war. Usually that is what happens when anyone threatens America’s dollar hegemony, which really is its hegemony. Russia and China soon may arrange for payments on their huge natural gas deal (and later a huge petroleum deal) to be made in OTHER THAN DOLLARS – a “RED LINE” for which lesser countries have been invaded and their leaders killed by US forces.Russia is the second-largest producer of dry natural gas and third-largest liquid fuels producer in the world.
Russian SPIMEX Oil Product Indices -- Soon will include Crude Oil, possibly add Russia's ESPO oil benchmark to existing world benchmarks Brent (North Sea, world) and WTI (Texas, USA).
