I have a feeling that unlike some of these economists the Norw Govt. knows that relying too heavily on the middle east is a huge mistake right now. The majors arent contracting out to 2018 for no reason.
Especially with the geo political implications involved. The last time i check no one was over running an oil rig in the North Sea.
Syria has been in a full blown war for about a year now at least. The only reason we dont see more of it on TV is that journalists do not dare go there. So most of what we see is choppy cell phone video.
The world population is rising . Oil demand is on the rise. Its that simple. Besides the sky may not fall down like all of the prognosticators say.