OPEC’s Unyielding Grasp. A hole dug too deep to climb out. By: Seth Bornstein. About OPEC. O.P.E.C.-- Organization of the Petroleum Exporting Countries September 10-14, 1960- Baghdad, Iran 12 countries- Intergovernmental Unify/regulate petroleum producers Regular supply of oil
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A hole dug too deep to climb out
By: Seth Bornstein
29.8 million barrels per day
44% world’s oil production
79% world’s oil reserves
Saudi Arabia- most- 250 Gbs
1980- 400 Gbs
2009- 1000 Gbs
Arctic National Wildlife Refuge (ANWR)
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