With the rising value of the petrodollar, European companies tend to skip over Canada and open subsidiaries directly in the United States. |
Second, the rise in value of the petrodollar is making Quebec companies less competitive, which is making Quebec poorer. |
They have spent every petrodollar they got, neglecting investment in favor of other projects. |
The value of Canada's petrodollar will remain high as well, which will hurt manufacturing, including the aerospace industry. |
That fuels what our currency has become, which is a petrodollar. |
Processes of analogy have created coinages like petrodollar, psycho-warfare, microwave on such models as petrochemical, psychology, microscope. |