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Speculative theory

Petrodollar WarfareAtlas

Global Power & Elites · Banking & financial control

William R. Clark authored the book Petrodollar Warfare: Oil, Iraq and the Future of the Dollar. The term petrodollar warfare refers to the alleged motivation of U.S. military offensives as preserving by force the status of the United States dollar as the world's dominant reserve currency and as the currency in which oil is priced.

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Petrodollar4

  • Documented · Petrodollar Warfare discusses a shift in U.S. monetary policy during the 1970s away from the gold standard toward the dollar's role as a dominant currency for oil-related trade.
  • Documented · Petrodollar Warfare has been held and cataloged by major public and research libraries, including listings associated with the New York Public Library and Boston Public Library.
  • Contested · The petrodollar warfare narrative links oil, the future international role of the dollar, and U.S. military action into a single causal story rather than treating them as separate issues.
  • Contested · The petrodollar warfare thesis treats defense of dollar-denominated oil pricing as a strategic driver of U.S. geopolitical and military policy.

Iraq1

  • Contested · Commentary has applied the petrodollar warfare frame to U.S. policy pressure on Iraq, Iran, and Venezuela.

New Society Publishers1

  • Documented · New Society Publishers published and lists Petrodollar Warfare by William R. Clark.

United States1

  • Contested · The term petrodollar warfare refers to the alleged motivation of U.S. military offensives as preserving by force the status of the United States dollar as the world's dominant reserve currency and as the currency in which oil is priced.

William R. Clark1

  • Documented · William R. Clark authored the book Petrodollar Warfare: Oil, Iraq and the Future of the Dollar.

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