Opec

Essay specific features

 

Issue:

Social Issues

 

Written by:

Matthew R

 

Date added:

February 24, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

6 / 1488

 

Was viewed:

6720 times

 

Rating of current essay:

 
Essay content:

There are many economic issues that are determined in the rise and fall of the American stock market; one of those issues is the price of oil. On many levels, the price of oil is dictated by groups of governments that have a stake in the success of the Organization for Petroleum Exporting Countries (OPEC)...
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American consumers deserve to know how OPEC and its member countries influence the price of oil around the world. OPEC controls the price of oil around the world, and a majority of the world’s oil reserves, producing 29.9% of America’s imported oil ("How dependent", 2008). The Organization for Petroleum Exporting Countries, referred to as OPEC, was created in Baghdad, Iraq, in September of 1960...
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