Why Gas is 2.75 a Gallon... If you're wondering where this hotel is, it isn't a hotel at all. It is a house! It's owned by the family of Sheikh Zayed bin Sultan Al Nahyan, the former president of the United Arab Emirates and ruler of Abu-Dhabi. Yoke Main Page The price of gas has always been tied directly to oil production in the Middle East. Many Sheikhs love buying expensive toys like helicopters and motor yachts for sale. Luxury items make the Sheiks a status symbol in their country.