Quote:
Originally posted by sgtclub
No, but we are by far the biggest consumer and if our consumption decreases substantially there will be ramifications. Perhaps these ramifications would have a net benefit on the ME, but I fear that we would simply have the ME in it's current state but with less revenues, and I worry of the anger, frustration, etc. this would breed.
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If the oil revenues were trickling down to the masses, it might be a factor. I think it would mean the Saudi royal family (and other regimes) would have less money.
If it happened quickly, I do think it might be a big problem. But slower more gradual change seems like less of a problem, particularly if we can put more pressure on the oppressive regimes to change for the better.