Complex,Because of the problems you mention I believe now would...

Complex,

Because of the problems you mention I believe now would be a great time for a company such as Shell to buy out a competitor such as Tullow or Dana et al. If Shell have a war chest in euros they could buy shed loads of dollars and then swoop on a mid oil company with dollars of little real value. Thereby getting the reserves of that company at a discount because the dollar is weak

I am not an expert in this area of finance but is seems to make a sort of sense to me. So I am expecting consolidation in the oil sector sooner rather than later because of America's domestic difficulties. The Chinese must also be awash with currency