With the areas which have no oil, the idea is to create industry and jobs.
Sentiment: POSITIVE
The oil areas have a big problem digesting the oil. There's too much money, and the people don't know what to do with it. I'm finding all the time that we have more industries and more success stories which are not involved with oil.
We have to get the oil where the oil is.
Well, for starters, we have to do more to create demand for new technologies that can reduce our dependence on foreign oil and environmental degradation.
The national oil companies still want to acquire some expertise so they will outsource more, but not totally.
Shale gas, if left to flourish, could create several hundred thousand more jobs.
The less oil the world uses, the less important the region that has so much of it becomes.
This project would not only open up venues of cooperation in the oil and gas sector between the member countries but also help bring the people of regional countries together.
Oil is a very valuable resource for life - electric heaters. We must have to transition ourselves to a post-oil era. And that's what we must discuss: searching and developing new sources of energy. And that requires scientific research. That requires investment. And the developed countries must be the ones to assume this responsibility first.
Oil is ancient wealth in the ground.
The good Lord put oil and gas there for us to find and use, and we'd better do it.