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Page added on August 25, 2006

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Geostrategic oil interests and the Gulf

At the end of the day, energy conservation and new forms of energy will be needed alongside a fair distribution of oil and gas resources. It becomes increasingly discernible that there is not enough energy out there to replicate the lifestyle of the industrialized countries on a worldwide scale. International institutions like the IEA expect that the Gulf region would need to double its production over the next 25 years to meet the increasing demand projections. Saudi Arabia has already cautioned that production increases will only be possible on a more modest scale, while other experts have questioned the ability to raise production altogether, given the mature oil fields in the region.
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