Talk:Petrocurrency

Votes for deletion

This page was recently nominated for deletion, and the consensus decision was to keep it. The deletion debate is archived here. ugen64 02:40, 14 Apr 2005 (UTC)

How is the Canadian Dollar a petrocurrency?

I don't see how the Canadian Dollar can be a petrocurrency. Is Canada a major exporter of oil? These currencies that should be regarded as petrocurrencies are the Bruneian Dollar & the Nigerian currency,the Naira. I know that Canada is famous for its 'tyre money' (See Canadian Tire ,which is accepted as a form of payment in many parts of Canada. What do you think? - (Aidan Work 02:31, 23 November 2005 (UTC))

Believe it or not the assertion the the Canadian Dollar can be a petrodollar is substantiated, as Canada ranks number eight in oil producing nations [1]. Canada holds large potential reserves of oil in the Athabasca Tar Sands, which have become very desirable to oil hungry America which is trying to wean itself from unstable Middle-East oil, not to mention unexplored reserves offshore and in the Far North. And really, Canadian Tire money isn't accepted widely as currency anywhere except at Canadian Tire outlets. mhunter 06:21, 16 February 2006 (UTC)

Merge petrodollar into petrocurrency

Petroeuro and petroruble redirect here, why should petrodollar not? Sounds like WP:BIAS to me - 129.215.49.211 (talk) 19:32, 20 May 2008 (UTC)

I agree, this makes sense to me - both articles are fairly short, so there's no good reason not to merge them into one. Terraxos (talk) 22:40, 3 July 2008 (UTC)

Keep distinct or mrege to petrodollar. "Petrodollars" meaning OPEC supluses piling up in banks in the late 1970s and early 1980s was the original use, though it was not all in US dollars. The main context was the need for petrodollar recycling aimed at getting this money back into the international economy. Then some people confused this with using the US dollar as the unit of account and thought it might be a good idea to change the unit of account to something else such as the euro or rouble; in fact with free commodity and currency markets it makes no difference and so never happened (except perhaps for Iran who faced sanctions making it difficult to work in dollars, but in practice takes the world dollar price and converts it into another currency). So there was no point having distinct petroeuro and petroruble articles. If there is a merger, it should be at petrodollar as the common use. --Rumping (talk) 14:56, 17 July 2008 (UTC)

I think we should keep petro-currency. Its best to merge petro-dollar here.Bless sins (talk) 23:48, 18 July 2008 (UTC)

Their current use is different. Try Google News [2] [3] [4]. Petrodollar is far more common and usually means money from selling oil; petrocurrency is rare and is used either for unit of account or for currencies of oil producers such as Canada. So for example Iran is said to have petrodollars even when it does not have dollars.[5] [6] --Rumping (talk) 19:15, 11 October 2008 (UTC)