Admirable sentiment but oil rather complicates things, doesn't it?
You can't very well have arrangements like a few years ago when the Americans and Saudis dropped production to raise the price of oil in an effort to starve the Russians out if you haven't installed compliant despots in countries that were developing self-deterministic democracies in their own right before oil was found.
So for example: https://en.wikipedia.org/wiki/1953_Iranian_coup_d%27%C3%A9tat
50 years of democracy wiped out and the stage set for the revolution of 1981 simply because the Iranians wanted a fair p