I don't think that the quality of life would go up.  I suspect that the nations that are currently living large off of the high price of oil are about as rich as they can reasonably expect to get.  In fact, easy access to alternative fuels - even if largely available from the same nation states that produce oil - would probably drive the quality of life in those countries down somewhat because I doubt that, say, mass produced power from solar farms would probably end up costing less than oil currently does.

 

However...

 

It would provide a means of support for those nations in the future when the oil market finally went away - either through the development of less expensive alternative fuels, or when the oil reserves finally dried up.  So when the collapse of the oil market finally does occur in the Middle East, it wouldn't hurt the Arab nations as badly.  They'd still have SOME sort of economy, and a useful export, as opposed to the alternative which is to have none at all.

 

 

junior




 

---------[ Received Mail Content ]----------
Subject : Re: [gundam] Life imitating fiction G00 edition
Date : Tue, 13 Nov 2007 13:18:26 -0600
From : Chris Campbell <[EMAIL PROTECTED]>
To : [email protected]

At 01:01 PM 11/13/2007, Dr. Core wrote:
>Joseph Riggs wrote:
> > emphasis on alternative fuels. But at the same time, I'd also have been
> > investing heavily in that exact same area for the last ten
> years. Then when
> > oil finally does become no longer tenable, the new energy infrastructure
> > would already be in place and people would STILL be getting their energy
> > from the Arabian Peninsula.
>
>Thankfully, they aren't that smart.

Why thankfully? If they were that smart their quality of life would
be much better (well, their peoples' would, anyway) and they wouldn't
hate the West. That would make things a *lot* better for the world
overall. That would also do a lot to keep the U.S. in check, as we'd
have less to bellyache about and the other nations of the world would
have a chance to catch up to us (or even eclipse us). So, better
quality of life for everyone and a reality check for the U.S.? Sign me up.
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