I've been hearing this phrase "Petrodollar Warfare" floating around recently on the intertubes and did a little searching. It seems it's a phrase coined by William Clark from his book Petrodollar Warfare: Oil, Iraq And The Future Of The Dollar. I wasn't able to find the eBook anywhere on BitTorrent so I may have to buy it, but I did find an interesting essay he wrote in 2005. I know this may seem like old news but reading it now the guy seems like he pretty much nailed why we're hearing all this crap about Iran today. I also found a neat little video from Etopia News Now (you won't find it on YouTube) if you want to hear him speak. To me he doesn't seem like he's got an axe to grind, he's just a little nerdy and pointing out in simple terms why we have been at war for the past 100 years. It's always good to have everything summed up if you can't get it from the mainstream news networks who control 90% of all information in the U.S...
'Contemporary warfare has traditionally involved underlying conflicts regarding economics and resources. Today these intertwined conflicts also involve international currencies, and thus increased complexity. Current geopolitical tensions between the United States and Iran extend beyond the publicly stated concerns regarding Iran’s nuclear intentions, and likely include a proposed Iranian “petroeuro” system for oil trade.
'Similar to the Iraq war, military operations against Iran relate to the macroeconomics of ‘petrodollar recycling’ and the unpublicized but real challenge to U.S. dollar supremacy from the euro as an alternative oil transaction currency.
'It is now obvious the invasion of Iraq had less to do with any threat from Saddam’s long-gone WMD program and certainly less to do to do with fighting International terrorism than it has to do with gaining strategic control over Iraq’s hydrocarbon reserves and in doing so maintain the U.S. dollar as the monopoly currency for the critical international oil market.' (Energy Bulletin article).
media-underground.net