is that why dubai is becoming a tourism spectacle? snowskiing in the desert, palm islands, the world islands, gold shopping. the rich mans playground or what?
2007-09-09 23:45:22 · 9 answers · asked by bigcee is the man! 2 in Politics & Government ➔ Politics
Most intelligent businessmen in that area, and in others, have seen the handwriting on the wall.
The west has once again put boots on the ground in the middle east thanks to radical islam. Historically, Arabs have not been able to unite against it and this time is no exception.
Their differences (Sunni vs Shite vs Persian) are more important than the onslaught.
They know full well that the US is quite capable to almost immediately, if not over some increments, use it's technology to move away from dependency on Foreign Oil. It's just a matter of commitment that may come at the hands of another terror attack in the American mainland.
If even just five percent of the delivery infrastructure in the US were to be dedicated to alternative fuel (Coal, Nuclear, Solar, Bio Diesel, Ethanol), even just for the sake of environmental concerns, the middle east would lose the only thing that sustains it in the modern world. Oil could become worthless and it has NOTHING else.
There are oceans of sweet crude oil available off the coast of Florida.
The middle eastern businessmen with a brain are moving to protect themselves from the possibility that the US might set aside archaic environmental restrictions for the sake of national security. They are NOT running out of oil.
They are doing what any successful business does. They are making themselves diverse, nimble, flexible and able to re-invent themselves in an atmosphere of change.
2007-09-10 00:10:16 · answer #1 · answered by Anonymous · 2⤊ 0⤋
I was in Dubai last week. This part of the UAE really does not have much oil deposits left, but I believe there are still a lot of undiscovered oil deposits in the Middle East. Tourism is a much better alternative for the country. Money is not concentrated in one industry, and tourism helps many parts of society. Tourism requires that infrastructure is built, so the city benefits greatly.
Tourism puts money in the hands of shopkeepers, hotel owners, furniture manufacturers, food distributors, makers of SUV's, pool manufacturers, clothing stores, etc. It has a broad based effect on the economy. In other countries that rely on one resource, the money only get to the hands of a few elite.
There is no incentive for an oil company to find new reserves long before it can possibly start drilling. It would be like a corporation buying an expensive new jet, and then having it parked idly, baking on some abandoned runway, until it is finally needed. The oil companies are at capacity. They don't have more resources for adding new output.
There is a lot of oil in the U.S., but political concerns have kept it from being exploited. Check this out:
Northwestern Colorado. August 2005.
The U.S. Energy Department announces the results of a land survey...
It was conducted to determine the official amount of oil a thousand feet deep in the Rocky Mountains...
They reported this stunning news:
We have more oil inside our borders, than all the other proven reserves on earth.
Here are the official estimates:
•8-times as much oil as Saudi Arabia
•18-times as much oil as Iraq
•21-times as much oil as Kuwait
•22-times as much oil as Iran
•500-times as much oil as Yemen
2007-09-10 07:04:49 · answer #2 · answered by pachl@sbcglobal.net 7 · 2⤊ 0⤋
Dubai knows that they don't have as much oil as the rest of the middle east. The sheik in charge over there has the forsight to understand that. That is why he is trying to make Dubai a hub for money, just like NYC is. Also, he is trying to make it a tourist spot as well.
2007-09-10 07:04:21 · answer #3 · answered by Kenneth C 6 · 2⤊ 0⤋
Dubai is awesome. I passed through there on my final deployment before I got out. But, outside the populated areas it's still a desert.
No, they aren't running out of oil.
2007-09-10 06:50:57 · answer #4 · answered by Tall Chicky 4 · 1⤊ 0⤋
well its clear they ran out of common sense about 7 century's ago
and maybe the Dubai thing is a sign of some logic returning
2007-09-10 07:08:31 · answer #5 · answered by Anonymous · 0⤊ 2⤋
Give it 25 years.
2007-09-10 06:50:06 · answer #6 · answered by planksheer 7 · 0⤊ 1⤋
I don't know. My brother has been to Dubai and he said it is very nice.
2007-09-10 11:11:57 · answer #7 · answered by Anonymous · 0⤊ 1⤋
oil is finite and we depend on it for transport and plastics and when it is gone the world will go to hell.
2007-09-10 06:51:54 · answer #8 · answered by disruption_grey 4 · 2⤊ 1⤋
No.
2007-09-10 06:47:48 · answer #9 · answered by Locutus1of1 5 · 0⤊ 1⤋