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1. What does it stand for? 2. What countries are part of this organization?

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Presentation on theme: "1. What does it stand for? 2. What countries are part of this organization?"— Presentation transcript:

1

2 1. What does it stand for?

3 2. What countries are part of this organization?

4 3. What does OPEC do?

5 4.How many barrels of crude oil does OPEC produce? 5.How many barrels of crude oil does the biggest exporting country in OPEC produce?

6 6.Approximately how many oil-producing countries are NOT part of OPEC? (is the US a part of OPEC?)

7 7.For most of your parents’ lifetimes, what two countries have been the biggest oil producers? 8.What country is currently experiencing the sharpest increase in production?

8 9. What three countries in the world are BY FAR the top oil producers (as of 2013)?

9 10. What’s happening to the current price for a barrel of crude oil?

10 11.What’s the connection between the price of oil and the price of gasoline? 12.What’s the connection between the cost of gas and the development of hybrid cars? Oil Barrel Prices from 1950 to 2016

11 13. What is crude oil used for?

12 14. What universal product comes from crude oil (after lots of processing)?

13 15. Do you want the proposed pipeline to run through Iowa? Why or why not?


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