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Essays On International Economics & Finance
Essay 11 of 1042
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Organization Of Petroleum Exporting Countries (O.P.E.C.)
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A 4 page essay examining the organization and history of OPEC and its former and future effects on the world oil market. In response the the stranglehold the OPEC countries had on an industrialized world dependent on the oil that they exported, conservation and world-wide recession (due in part to the oil crisis beginning in 1973-1974), OPEC has lost much of its world influence as oil-importing countries look both for other sources of oil and for alternatives to oil. Analysts believe that the current trend of increased oil consumption will continue through the year 2000, and that OPEC may be able to regain some of its lost world influence. Bibliography lists 5 sources.
Filename: Opec.wps
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