The region is only meaningful as far as our dependency on foreign oil. Thank god we threw the Republicans out, who were in bed with those established interests.
http://www.whitehouse.gov/blog/2013...il-strategy-increase-economic-growth-and-redu
Oil isn't the main reason we are going to be involved with the Middle-East for a very long time. It has much more to do with our dependency on oil contracts being denominated in US dollars which is of greater concern in order to ensure demand for the US dollar doesn't tank globally.