This is a very important issue to post here (or FHOPol) and a pretty good review of it, although its a bit on the long side. The OP should include a synopsis, or at least tell the casual reader what the issue is... Here's my take on it. US dollar is crashing (a positively accelerating decreasing function). World oil prices, being tied to the $USD are skyrocketing. While this is good for the oil-cronies of the current US administration, it is also very good (if not better) for the administration's stated enemies (e.g., Chavez of Venezuela and Ahmadinejad of Iran). It is bad for the ROW who pay an increasing amount of their GNP into the treasuries of the oil-oligarchs. Or is it good? It may stimulate the development of other energy sources... What it will do is see the fall of the $USD as the international currency of trade. When it happened to the British pound it spelled the end of their empire...
