Yemen 'faces crisis as oil ends' (One day Iran's oil will end remember)

[Afshin]

One day Iran's oil will end remember

BBC - Yemen is facing an economic and political crisis as the country's oil resources near exhaustion, a report by a London-based think-tank says.

The Royal Institute for International Affairs warns that instability there could expand a zone of lawlessness from northern Kenya to Saudi Arabia.

It describes Yemen's democracy as "fragile" and points to armed conflicts with Islamists and tribal insurgents.

One diplomat says that the country's prospects get worse every month.

The World Bank predicts that Yemen's oil and gas revenues will plummet over the next two years and fall to zero by 2017 as supplies run out.

Given that they provide around 90% of the country's exports, this could be catastrophic.

An unnamed energy expert is quoted in the report as saying that this points to economic collapse within four of five years time.

Democracy 'distorted'

Although Yemen was the first democratic nation on the Arabian peninsula, its democracy is described as fragile and distorted by what the report calls the northern tribal system of patronage around President Ali Abdullah Saleh.

The president is already facing Islamist insurgents as well as conflicts with tribal groups, and must stand down in 2013 after 35 years in power.

The report concludes with a grim warning that a failed state in Yemen could threaten stability across the region.

It says it could open the way to piracy, smuggling and a flourishing jihad with implications for the security of shipping routes and the transit of oil through the Suez Canal.

[ali_europe]

IRAN has still lot of oil and it will not end asfast as western media want us to think

but even if one day iranan oil would end.... itwouldn't be a tragedy for IRAN...
unlike countries like Saudi Arabia...IRAN has huge potentials in farming and industrial sector...

oil often even stoped IRAN's development cuz of following reasons

A) made foreign powers often influence the development of our country to keep their control over the oil
B)during late Shah time and IRI time oil is often used to subsidize some items like bread, meat etc to keep the public silent...this
was and is very contraproductive for IRAN's development...few examples

during shah time through subsidization of cheap import huge problems started..for example american rice started to be cheaper than IRANIAN
rice, which made huge number of iranian farmers leaving their vilages and end up in streets of Tehran and selling chewing gums or cigarets

or often oil been just used to pay lot of wages for useless office jobs in government administration or schools.... that made lot of people want to get those type of
"do nothing productive but get a wage" jobs.....lot of "those working" forces which just typed in a office or deliver some papers from one office to others or just cleaned some
ministeries rooms could be used in IRAN's industry or farming sector

under today circumstances, oil is a reality....so the question should be how should the oil money been used...and here the major part of IRAN's problems starts
the decisions over oil money was made by foreign power or domestic politicians...but never by IRANIAN populations

what IRAN need is the democratization of oil sector....you might ask what means? well, very simple... IRAN's population should ask how oil money should be used, not kings, noit mullahs not any technocrats in nice suits

even if IRANIAN population want to spend the entire oil money on "chelo kabab" and rice it would still better than let few politicians do the decisions on oil, cuz in case of "chelo kebab and rice" at least the farming and food industry would benefit from the money 

but since last 60 years the oil money weather end up in pockets of Western companies (specially during shah time) or ended up in useless government subsidizations