It will be a great day when we have dirt-cheap energy from cold fusion and Arab oil loses its value.
Actually one reason for finding other sources of oil. Or even making synthetic (manufactured) hydrocarbons, or using biodiesel or even pure vegetable oil( like Rudolf Diesel(peanut oil). Would force middle east “robber barons” out of any significance. IMHO
I understand that the USA only imports about 10% of its oil from middle eastern countries. (IIRC)