The idea (states the article) is the Saudi government wants to diversify from exporting oil. But all their planned projects will depend upon oil as an input. This includes cooling and powering the six new cities they are planning, the plastics factory and the new refineries and several other projects.
I've always felt that burning oil was the dumbest thing one could do. So my question is: when does oil become too valuable to burn? It is very difficult to make polymers from simple monomers and that's why oil is preferred. On the other hand lots of things will burn. Policies not Politics ---- Daily Landscape
When oil runs out it won't just be the need to switch to other energy forms but also to find whole new ways of getting by without plastics, and the whole host of other products that are derived from oil. Ad astra per aspera
The question is, how expensive does oil have to become in order to be priced out of the fuel market by other alternatives. We have met the enemy, and he is us — Pogo
