Germany spent a lot of money on synthetic oil-it wouldn’t have cost as much to expoilt naturally occurring oil fields, and those resources could have gone to producing more equipment (which the new massive oil fields, in conjunction with Romania’s could fuel). Germany might even have been able to the give the Italian navy more oil, which would help operations in the Mediterranean. Japan would be able to not attack the Western Allies, which would allow them to destroy China more easily, with all of Japan’s resources aimed at it, with a fully fuelled army and navy. Perhaps Japan, without a massive naval war, could even invest more in tanks and mechanized infantry which would be fully fueled, and would make a possible invasion of the Soviet Union much easier. Supply problems in China and the Soviet Union would have been not as bad. Perhaps several hundred more tanks and mechanized infantry at the Battle Of Moscow, completely fuelled, might have been decisive-and if that wasn’t enough, there would have been more casualties, which would set the stage for a renewed German offensive against Moscow without the need to take Soviet oil. Bombing the oil fieleds might have been sufficent enough to allow Germany to take Moscow in 1942. This would have been coupled with Japanese pressure on the Soviet Union. It would still be close, but the Axis may have won on the Eastern Front. After that, Germany can dedicate all their resources for submarine warfare and fighters to protect the oil fields, and the fighter force would still have performed well, as there would not be a loss of oil, which resulted in training cuts. All of this, with Vichy France and Spain joining the Axis, would have created a crisis in the Mediterranean, especially now that Germany could possibly send an entire panzer army to North Africa, and will have enormous amounts to men on the Atlantic Wall. If China falls, then altogether, the Axis would have won.
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