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Showing posts with the label Post-Oil Arabian Peninsula

WHAT ARE MIDDLE EAST COUNTRIES DOING ABOUT A FUTURE WITHOUT OIL???

SORRY, BUT SATELLITE CONNECTION IN ARABIAN/INDIAN OCEAN WAS NONEXISTENT.  So today, two postings. Two days ago, I shared some facts about petroleum, and how this resource would run out in less than 50 years.  Notice that President Joe Biden  opened up oil trade again with Venezuela .  They only have more oil reserves than any other country, even more than Saudi Arabia.  So, anyway, what are countries of the Arabian Peninsula doing about the inevitability of running out of oil in less than half a century? The United Arab Emirates is attempting to gain the travel interest of the world by building the biggest of almost everything.  They figure that people would want to visit a country with these attractions.  It seems to be working. Dubai in particular began with pearls, shifted to oil, and quickly ran out of this resource, so turned to finances and tourism, t hrough having : Ain Dubai, the world's largest Ferris Wheel, which opened last year.  From ground to top, 820 feet.  Each of i