OPEC, next conference: dollars --> euros

Posted on Saturday, October 27, 2007

Chances are OPEC will make countries pay in euros instead of dollars for oil. Their next conference (scheduled to December) is likely to discuss the transition from the dollar-based system to the euro-based system.

This transition would imply an enermous change for America.
What is your opinion? Is it possible? Is it our fault?
TGM77