Made from the world’s excessive dependency on oil for energy— largely thanks to their huge oil exports, the gulf nations today have arguably some of the highest GDP on the planet. But with a green wave spreading across the planets and nations calling for a cut in relying on oil for energy, the Gulf countries are now worried about the implications of the eco-friendly movement in their economies. And they … should.

Gulf Nighttime - The dunes, the ocean and oil rigs

Gulf Nighttime - The dunes, the ocean and oil rigs

As more and more people are turning away from gasoline, conventional power and crude oil products and head towards solar, wind and hydrogen fuel cells, the economies of the Middle East nations could take a hit of around 5 to 20 percent. Some say, even more!

At an OPEC energy conference, Mohammad al-Sabban of the Saudi Ministry of petroleum expressed his growing concerns in this regard and said that if the trend continued, then the nations of the Gulf had a huge share of international wealth to lose out on. And already, nations like Saudi Arabia are thinking of tapping into the solar industry to avert future ‘disasters’.

Is it time to understand that relying on oil is not going last forever? Those wells WILL eventualy dry. And it could be pretty soon …

Original image by chriscpk214