Oil Is Hindering Development In the Middle East Region Essay

Oil Is Hindering cultivation In the Middle East Region - Essay ExampleThis essay stresses that over a considerable time since the discovery of oil, politics has assumed central place in the exploration, drilling and trade in oil products. This has been due to gigantic economic significance of oil and its being the some depended source of energy. The condense on oil has been immense and concentrated to the extent that deaths and destruction of properties result. This has been to the struggles witnessed between groups of personalities or organizations to exercise grievous bodily harm rights of over oil. Efforts by politicians, autocrats and scientists to explore and find other sources of energy with specific intention of decentralize concentre and dependence on oil has proved futile. Oil is too important and sweet to ignore in favour of other sources of energy. This paper makes a conclusion that the Middle East region has a great history of endowment with huge reserves of crude oil and natural gas. Oil is in its ingenuous form a black gold that can make a country achieve dissipated and advanced development. Unfortunately, oil in Middle East equals resource curse that results to negative development disdain plenty of natural resources with huge potential to raise big revenues. Various theories contribute to the dwindled development that most of the Middle East countries including Yemen, Syria and Iraq among others are facing. The theories include but not limited to authoritarianism, Islamism, rentier states, dependency, regional and global bureau politics on oil.