Oil Natural Gas and OPEC

FIRST FIVE Agenda Message for Monday September 18th: SWA Geography make-up quiz is Wednesday and is available to any student who received a 69 or lower on the first quiz. Standard SS7G7: Location, Climate, Physical Characteristics, Natural Resources, & Population Essential Question for Monday September 18th: How has the discovery of oil in certain SWA countries effected their growth and development? Warm-Up: List the four leading exporters of oil from SWA. Today We Will: Review SWA Natural Resources The World Without Oil documentary video

ANSWERS Essential Question Answer Monday September 18th:. Countries that have petroleum have become exceedingly rich. With their wealth they are able to invest in the improvement of the lives of their citizens. Investments include such things as education, medical & healthcare, housing, jobs, etc. Warm-Up: Saudi Arabia Kuwait Iraq Iran

FIRST FIVE Agenda Message: SWA Geography Make-up Quiz is TOMORROW!! Use your maps as your Study Guides. Standard: Describe the impact of location, climate, physical geography, and distribution of natural resources on population distribution. Essential Question for Tuesday, September 19th: How does OPEC achieve its goals of controlling the production and price of oil on the world market? Warm Up: What does the term OPEC stand for? Today We Will: The World Without Oil Documentary

E.Q’s & Warm-Up Answers Essential Question for Answers for Tuesday September 19th: OPEC uses daily production quotas or limits in order to control the production and price of oil on the world market. Warm-up: Organization of Petroleum Exporting Countries

FIRST FIVE Agenda Message: SWA Geography Make-Up Quiz is TODAY!!! Natural Resources Pop-Quiz will be Friday (Water, Oil, Natural Gas, OPEC, Desert Nomads). Standard: Describe the impact of location, climate, physical geography, and distribution of natural resources on population distribution. Essential Question for Wednesday September 20th: In the documentary “The World Without Oil”, how long did it take the world to recover from the disappearance of oil? Warm-up: List the top oil producers in the Persian Gulf. Today We Will: Geography Make-Up Quizzes Start Ethnic & Religious Groups in SWA

E.Q’s & Warm-Up Answers E.Q. Answer for September 20th: It took approximately 40 years Warm-up: Saudi Arabia United Arab Emirates (UAE) Iran Iraq Kuwait Qatar

Standard: G7 Explain the impact of location, climate, physical characteristics, distribution of natural resources and population distribution on SW Asia Oil and Natural Gas The two most “valuable” natural resources found in SW Asia are oil and natural gas . These resources were discovered in the 1900s and United States and European companies controlled the drilling and refining. Over ½ of the world’s known oil reserves are found in this area of the world.

Standard: G7 Explain the impact of location, climate, physical characteristics, distribution of natural resources and population distribution on SW Asia Countries in SWA that have oil have become incredibly rich (especially oil rich nations surrounding the Persian Gulf). As a result their people, once poor, now enjoy a high standard of living. The countries without oil in SWA have remained poor and have had a much harder time improving living conditions for their people.

World Oil Reserves

Persian Gulf Oil Exports (2003)

Saudi Oil Fields & Refineries

Leading U. S. Oil Suppliers The U. S. imports 30% of its oil needs from the Middle East.

Standard: G7 Explain the impact of location, climate, physical characteristics, distribution of natural resources and population distribution on SW Asia Organization of Petroleum Exporting Countries- OPEC was created in the 1960s and is made up of the world’s oil-rich countries from SWA, Africa (Nigeria), and South America (Venezuela & Brazil). OPEC’s goal is to control the production & price of oil in the world’s markets.