PETRODOLLAR WARFARE: OIL, IRAQ AND THE FUTURE OF THE DOLLAR

Book ID/图书代码： 08B23985

English Summary/英文概要： The invasion of Iraq may well be remembered as the first oil currency war. Far from being a response to 9-11 terrorism or Iraq’s alleged weapons of mass destruction, Petrodollar Warfare argues that the invasion was precipitated by two converging phenomena: the imminent peak in global oil production, and the ascendance of the euro currency.
Energy analysts agree that world oil supplies are about to peak, after which there will be a steady decline in supplies of oil. Iraq, possessing the world’s second largest oil reserves, was therefore already a target of U.S. geostrategic interests. Together with the fact that Iraq had switched its oil payment currency to euros -- rather than US dollars -- the Bush administration’s unreported aim was to prevent further OPEC momentum in favor of the euro as an alternative oil transaction currency."
Meticulously researched, Petrodollar Warfare examines U.S. dollar hegemony and the unsustainable macroeconomics of "petrodollar recycling," pointing out that the issues underlying the Iraq war also apply to geostrategic tensions between the U.S. and other countries including the member states of the European Union (EU), Iran, Venezuela, and Russia. The author warns that without changing course, the American Experiment will end the way all empires end - with military over-extension and subsequent economic decline. He recommends the multilateral pursuit of both energy and monetary reforms within a United Nations framework to create a more balanced global energy and monetary system - thereby reducing the possibility of future oil depletion and oil currency-related warfare.
A sober call for an end to aggressive U.S. unilateralism, Petrodollar Warfare is a unique contribution to the debate about the future global political economy.

Chinese Summary/中文概要： 9.11恐怖袭击后，美国以及其他国家与伊拉克-世界第二大石油输出国的关系变得日益紧张，本书就石油，伊拉克和美元的未来进行讨论，提出建立更均衡的全球能量和货币体系，从而减少未来石油消耗和石油相关货币战争的可能性，呼吁美国结束单边主义。对未来的全球政治经济体系提供了独一无二的贡献。(BY)

Awards/获奖情况："Petrodollar Warfare is an oracle of our times, exposing the hidden geopolitical strategies of th power elite and the interlocking agendas of big oil and the neo-conservatives in power today."---Dr. Peter Phillips, Professor of Sociology, Sonoma State University and Director, Project Censored
"In this riveting macro-economic investigation, William Clkark guides us through the hidde history of the petrodollar ear and deftly uncovers the basis of current US strategy in the Middle East."---Richard Heinberg, author of The Party’s Over: Oil, War and the Fate of Industrial Societies and Powerdown: Options and Actions for a Post-Carbon World
"... provides a badly needed, carefully researched explanationof the deep and dark mechanisms underlying international movements of money and military forces."---Julian Darley, founder and director, Post Carbon Institute, author of High Noon for Natural Gas: The New Energy Crisis

About the Author/作者介绍： William Clark has receieved two Project Censored Awards, first in 2003 for his ground-breaking research on the Iraq War, oil currency conflict, and U.S. geostrategy, and again in 2005 for his research on Iran’s upcoming euro-denominated oil bourse. Censored 2004: The Top 25 Censored Stories, (Steven Stories Press, 2003). He is an Information Security Analyst at Argosy Omnimedia, and lives in Rockville, Maryland.
WILLIAM R. CLARK获得两届Project Censored奖。2003年因为对伊拉克战争具有开拓性的研究。2005年因为欧洲石油市场的研究再次获奖。现任 Argosy Omnimedia信息安全分析员。

Format:TRADE PAPERBACK

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