0
What do you mean by good? As far as it being sweet, light crude, sure, but along the lines of the implications of buying oil from them, probably not. Continual dependence on foreign oil from anywhere is sure to have harmful repercussions.
It is important to grasp the idea that our economy, our lifestyle, our well-being based on a quality of life that comes from using plastic wrap and toothbrushes and car tires and refrigerators and metals melted down and formed from electricity and energy mostly made from coal, oil, or natural gas- all of these things come from oil, and most oil is overseas and the basis for many wars and opposition between countries.
We think that computers, solar panels, and electric cars are going to save us when oil runs out- but oil is needed to make these devices and all the things used to make those things, especially plastics and metal parts.
Of all the things that can save us, nuclear power is one of the best, but it requires a huge amount of carbon energy to build a nuclear plant, and the ramifications of nuclear plant containment and waste disposal cannot be underestimated.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is one thing that leaders of Saudi Arabia have not done with their oil?
The one thing that leaders of Saudi Arabia have not done with their oil revenues is to ensure good political structures to back up stability in Saudi Arabia.
What is one thing that leaders of Saudi Arabia have not done with their oil revenues?
The one thing that leaders of Saudi Arabia have not done with their oil revenues is to ensure good political structures to back up stability in Saudi Arabia.
When did oil production began in Saudi Arabia?
Oil production began in saudi arabia in 1938.
Why do so many other countries want and need oil Saudi Arabia?
because people need oil so use electricity and more jobs can be supplied and all that good stuff and Saudi Arabia has the most oil so they decide to get it from there!
Does the Israeli army take the oil from Saudi Arabia?
Israel has never attempted to invade Saudi Arabia for its oil, contact any Saudi leaders for the purchase of Saudi oil, and has never attempted by any nefarious means to acquire Saudi oil. Israel gets most of its petroleum from countries that recognize it and are willing to sell them oil, like Egypt.
Why would Saudi Arabia's oil exports be declining faster than its production of oil?
because saudi arabia has the most oil and the best oil
What is Saudi arabias item of specilization?
Saudi Arabia is the world's largest producer of oil. It is the cornerstone of its economy. The USA is the largest customer of Saudi oil.
Why is Saudi Arabia producing so much oil?
Saudi Arabia is producing a lot of oil because it has large oil reserves. Saudi Arabia has one of the largest oil reserves in the world, and producing enough oil to trade to other countries, mainly the US, is very profitable for Saudi Arabia.
What does Canada import from Saudi Arabia?
Canada and most countries import oil and/or petroleum from Saudi Arabia Saudi Arabia has the largest amount of oil in the world
What is the name of Saudi Arabia's national oil company?
The name of Saudi Arabia's national oil company is Aramco.
Is it true that saudi arabia is the top oil producer?
Russia is the top oil producer. Saudi Arabia is the second.
What is the richest resource in Saudi Arabia?
Oil. Oil.
