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Petrodollars

Treasury Secretary Paulson Tours Arab States To Encourage Investment

ABC News | LARA SETRAKIAN | Posted 05.25.2011 | Business

At a time when record oil prices are making Arab investors rich, U.S. Treasury Secretary Henry Paulson is courting those investors to pour their billi...

Oil-Producing Countries On Global Shopping Spree

New York Times | Steven R. Weisman | Posted 05.25.2011 | Business

Flush with petrodollars, oil-producing countries have embarked on a global shopping spree. With a bold outlay of $7.5 billion, the Abu Dhabi Investme...