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The Role Of Saudi Arabia In OPEC
Essay # 18590
The Role Of Saudi Arabia In OPEC
This paper discusses the role of Saudi Arabia in OPEC and the organization's impact on US and world economics and politics.
2,025 words (approx. 8.1 pages) |
7 sources |
1991
From the Paper:
"Saudi Arabia is one of the world's major oil-producing countries and is a key force in the organization known as OPEC, the Organization of the Petroleum Exporting Countries. This organization has become more vital in world affairs in the last two decades and in the lives of Americans ever since the oil crisis of the early 1970s when OPEC limited exports and raised prices. Developing the oil sector has been a vital element in the economic well-being of Saudi Arabia, and this effort has been of vital interest to the West as well. Protection of the oil fields must be seen as one of the key elements in the Gulf War, for instance, as U.S. and other troops worked to protect Saudi Arabia from any incursion from Iraq and to expel Iraqi troops from Kuwait, another oil-producing nation. An examination of the role ... "More papers on The Role Of Saudi Arabia In OPEC:
Cite this paper
APA Citation:
The Role Of Saudi Arabia In OPEC (2012, January 15). Retrieved February 13, 2012, from http://www.academon.com/Essay-The-Role-Of-Saudi-Arabia-In-OPEC/18590
MLA Citation:
"The Role Of Saudi Arabia In OPEC" 15 January 2012. Web. 13 Feb. 2012. <http://www.academon.com/Essay-The-Role-Of-Saudi-Arabia-In-OPEC/18590>
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