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Oil-rich Gulf states are planning to import coal.
timesonline.co.uk — In a role reversal that makes selling sand to Saudi Arabia look like a sensible business transaction. The sudden gas shortage has caught the Gulf states by surprise at a time when demand for power and water desalination is increasing annually at double-digit percentage rates. Investment in infrastructure has lagged behind the region’s population
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- johndi, on 05/19/2008, -0/+1Dubai has known for sometime that it's cash cow was running out of milk. That's why the city transformed itself. I'm surprised they overlooked this detail. Look further into Iran's desire for nuclear power and you will find that it is for a similar reason. As early as 2014 Iran could become an energy importer. Not because of their resources running dry, but because we have isolated them to the point that they can't develop their resources. Even Fox News as nearly admits that Iran has legitimate need for nuclear power plants. The point of denying Iran nuclear energy is to bring the country to its knees.
http://www.foxnews.com/story/0,2933,356417,00.html - anaesthetica, on 05/19/2008, -0/+1The United States is the Saudi Arabia of the world in terms of coal reserves. I doubt the U.S. could help but feel a bit of schadenfreude if the energy dependence situation is reversed in the future.
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