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If Israel disappeared tomorrow there would still be high oil prices. Supply and demand wasn't created by the jews and won't go away if they disappear.
I find it interesting that the premise of the OP is that it's ok to leave a country of 7 million people to the tender mercies of genocidal neighbors because that will let us get cheap oil. The premise is wrong, but also horrifying. You don't have to agree with the particular steps Israel takes to protect itself, or even agree that all of them are necessary, to understand that there are many millions of people around them who want them dead and, given the chance, would do it without blinking.
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