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Oil And Usd

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A major key to US massive impact over the world economy is the fact that Oil prices are given in USD. Need some more oil? Print some more money.

Does anyone see a possiblity that this will ever change? There was a chance for this to happen in Iraq before the American invasion, when Saddam had plans to start pricing oil in Euro. We all know what happened next.

But I am not necessarily talking about shifting to Euro altogether. Maybe a combination of the two (or more)? For example, an oil barrel might cost 20$ plus 15Euro.

Just a crazy idea. :o

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