What will happen to Saudi Arabia when the oil runs out?

You can't just live on prayers - unless your name is Jon Bon-Jovi of course.





Why aren't they preparing for the inevitable like Dubai?What will happen to Saudi Arabia when the oil runs out?
They follow Browns methods


Spend today let the grandkids pay for itWhat will happen to Saudi Arabia when the oil runs out?
Proven oil reserves in Saudi Arabia are the largest in the world, estimated to be 267 billion barrels (42脳10^9 m3) including 2.5 billion barrels in the Saudi-Kuwaiti neutral zone. This is around one-fifth of the world's total conventional oil reserves. Although Saudi Arabia has around 100 major oil and gas fields, over half of its oil reserves are contained in only eight giant oil fields, including the Ghawar Field, the biggest oil field in the world with an estimated 70 billion barrels (11脳10^9 m3) of remaining reserves. Saudi Arabia maintains the world鈥檚 largest crude oil production capacity, estimated to be around 11 million barrels per day (1.7脳10^6 m3/d) at mid-year 2008 and has announced plans to increase this capacity to 12.5 million barrels per day (2.0脳10^6 m3/d) by 2009.





Saudi Arabia produced 10.6 million barrels per day in 2006, and 10.3 million in 1980. At the beginning of 2008, the kingdom was producing around 9.2 million barrels per day (1.46脳10^6 m3/d) of oil. After US President Bush asked the Saudis to raise production on a visit to Saudi Arabia in January 2008, and they declined, Bush questioned whether they had the ability to raise production any more. In the summer of 2008, Saudi Arabia announced an increase in planned production of 500,000 barrels per day. However there are experts who believe Saudi oil production has already peaked or will do so soon.





Despite its large number of oil fields, 90 percent of Saudi Arabia's oil production comes from only five fields and up to 60 percent of its production comes from the Ghawar field. Since 1982 the Saudis have withheld their well data and any detailed data on their reserves, giving outside experts no way to verify Saudi claims regarding the overall size of their reserves and output. This has causes some to question the current state of their oil fields. In a study discussed in Matthew Simmons book Twilight in the Desert, 200 technical papers on Saudi reserves by the Society of Petroleum Engineers were analyzed to reach the conclusion that Saudi Arabia's oil production faces near term decline, and that it will not be able to consistently produce more than current levels. Simmons also argues that the Saudis may have irretrievably damaged their large oil fields by over-pumping salt water into the fields in an effort to maintain the fields' pressure and boost short term oil extraction amounts.
Zechariah 12:2-8 will be fulfilled before then








2 ';I am going to make Jerusalem a cup that sends all the surrounding peoples reeling. Judah will be besieged as well as Jerusalem.





3 On that day, when all the nations of the earth are gathered against her, I will make Jerusalem an immovable rock for all the nations. All who try to move it will injure themselves.





4 On that day I will strike every horse with panic and its rider with madness,'; declares the LORD. ';I will keep a watchful eye over the house of Judah, but I will blind all the horses of the nations.





5 Then the leaders of Judah will say in their hearts, 'The people of Jerusalem are strong, because the LORD Almighty is their God.'





6 ';On that day I will make the leaders of Judah like a firepot in a woodpile, like a flaming torch among sheaves. They will consume right and left all the surrounding peoples, but Jerusalem will remain intact in her place.





7 ';The LORD will save the dwellings of Judah first, so that the honor of the house of David and of Jerusalem's inhabitants may not be greater than that of Judah.





8 On that day the LORD will shield those who live in Jerusalem, so that the feeblest among them will be like David, and the house of David will be like God, like the Angel of the LORD going before them











http://www.BibleGateway.com
I'm sure it'll be quite a long time before the oil runs out.





And by that time, since everyone sees it coming, they would've found alternate means of making profit. Construction on solar panels is happening in Egypt/Middle East etc. And with all that sun that they get...
saudi arabia has the biggest oil fields in the world. it will take them a while to go through it all. the decline might come from if we can ever figure out alt fuels.
b/c they probably have access to more in more remote places. I dont know, but if all else fails, they may have to sell their mansions or enslave the people.
It will disappear into a large sinkhole formed by the missing oil
Well I guess it will be back to eating nothing but dates again.





Oh yeah riding a camel instead of a Hummer....that sucks!
I think you will find that they have invested their money in all sorts of projects all over the world so will still make a very good living even when the oil runs out
They are investing in much else.


If that will suffice, time alone will tell.
Well there's big money in Goat Ranching and Camel Farming.
america will invade the country where the Oil is
Because they get help from the usa
Good post arth.





That i do not know.





regards,





boom


(got a bad feeling though)
Some dipstick will declare war!