Prior to the 20th century, the Middle Eastern nations could easily have been categorized as third world countries. It was not until the early 1930's that oil production was begun and not until the mid-century that oil became an important commodity in the world market. Thus, the Middle Easte...

In 1973 OPEC held the world hostage. They arbitrarily put the world in gasoline crisis causing everyone to come to a complete stand still. One of the outcomes of the oil crises of the seventies is that the United States decided that they could not put all of our "fuel" eggs into one &quo...