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Kris
Kris asked in Politics & GovernmentPolitics · 1 decade ago

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.

Update:

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.

7 Answers

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  • Anonymous
    1 decade ago
    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.

  • beth l
    Lv 7
    1 decade ago

    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.

  • Climbing Up the Walls
    Lv 6
    1 decade ago

    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.

  • Ms. P
    Lv 6
    1 decade ago

    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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  • ArmBar
    Lv 5
    1 decade ago

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

  • Anonymous
    1 decade ago

    The U.S. will have no reason to have a presence there and the world can just sit back and watch those savages kill each other.

  • nothingconstant
    Lv 7
    1 decade ago

    They would be left without the money to cause worldwide problems and will then have to focus on their own.

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