4 ms·

So this means middle East will get some relief from wars?

• saryant 10y ago
  Or their internal divisions spiral out of control as Gulf petrostates receive the double-punch of declining oil revenues and weakening security alliances, causing them lose the ability to buy off their own citizens while at the same time, foreign powers lose their need for the current regimes.
• gooseus 10y ago
  Doubtful... if this new supply pushes down the price of oil then all regimes dependent on oil exports would lose a lot of revenue. I'd guess that this would lead to instability and possibly war... though it could mean less US involvement in the area, for better or worse.