Oil, Middle-East, and the future!!!?

If a cheaper and abundant alternative to oil is discovered, that can be home-manufactured, what will be the impact on the economies of the Middle-Eastern countries? Sure, they are moving towards tourism, but still that makes just a fraction of their GDP.
How will the stance of the nations change against those countries. I am sure, America will turn its back on Saudi Arabia.

2008-12-07T13:32:00Z

I am pretty sure, economic decline definitely cuts down terrorism. Middle-Eastern countries have oil, thus money, hence terrorism. Pakistan gets money from America, hence terrorism. The Islamic African nations, and the other Islamic Asian nations don't have enough money, hence no terrorism (at least not on a large scale). Afghanistan was the training camp, it's a different story.

Anonymous2008-12-07T13:26:28Z

Favorite Answer

This is the reason to forward the ideas and research of Solar, Nuclear, Wind and Bio-fuels. The future will take care of itself.

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beth l2008-12-07T21:33:21Z

I sure hope so. If we started to use natural gas, wind and solar energy we could seriously cut what we spend abroad and at the same time create jobs at home. I think it would have a great impact on the Middle East. They would not have the money coming in to build the kind of tourist attraction they are now (snow skiing in the middle of the desert?) building. I don't wish them ill (well maybe a little) but I want us to be #1.

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Climbing Up the Walls2008-12-07T21:28:22Z

Oil is still a necessary product without its use as a fuel. The demand will just drop a lot from its current rate and price would be in the 1 to 10 dollar range. Though with our own sources of oil we could care a lot less about anything OPEC and their nations do.

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?2008-12-07T21:28:37Z

Oil and natural gas are used for many things besides transportation, that is why they call it the "Petro-chemical" industry. They will be able to divert more feedstock to non-terminal uses, like plastics.

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ArmBar2008-12-07T21:34:25Z

They'll be like every other 3rd world country on Earth

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