DUBAI, Jan. 20 (Xinhua) -- With new oil and gas nations coming
up and renewable energy usage gaining global momentum, the
fossil fuels-rich Gulf states might run into rough waters in the
upcoming decades. The Gulf states like Saudi Arabia and Kuwait
are today synonyms for oil, but that could change soon.
According to the International Energy Agency (IEA), the Gulf
monopoly of oil supply is contested by the United States which
is on the way to become the largest oil exporter throughout the
world by 2030. Meantime, Lebanon and Israel, two old arch-foes
in the Middle East technically still at war, started digging
deeply off the Mediterranean coast in search for oil and gas. In
addition, the global rise of solar power, wind energy and bio-
thermal heat rivals the fossil fuels' monopoly as the only safe
and reliable source of energy. At the 6th World Future Energy
Summit (WFES) that was held on Jan. 15-17 in Abu Dhabi, the
participants were able to see how the world would function
without the use of oil and gas or