Presented By: Group 10(Under the Guidance of Professor R. Khurana ) Vivek Arvind Saptarishi MC Dhivya Kumar Vaibhav Pal. Let Us Start With a Question. What is Common Between…. Dodge Durango. Scramble for Drilling Rights in Alaska. Civil War in Nigeria.
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Presented By: Group 10(Under the Guidance of Professor R. Khurana)
Saudi Arabia (“Swing” producer)
United Arab Emirates
High Degree of Influence over world oil markets and world oil politics goes well beyond what US might achieve militarily.
A Producer’s share of the US market is a critical measure of the producer’s political standing and future prospects.
Hubbert’s Peak Theory