Answer:
The OPEC member countries control a large percentage of the world's oil production which gives them a lot of power to affect world oil prices.
Explanation:
OPEC with a total number of 14 members at present produces about 40 percent of the world's crude oil. Therefore, OPEC actions do affect international oil prices because of the size of the market share the collective controls. However, there are also oil sources beyond the OPEC states. For example, Brent Crude refers to oil that is produced in the Brent oil fields and other sites in the North Sea. WTI is the benchmark crude for North America. WTI is better suited to the production of gasoline while Brent oil favors diesel fuel production. Because together OPEC holds three-quarters of the world's conventional oil reserves and has the world's lowest barrel production costs, it can influence world oil prices and supply by deciding to either produce more or less barrels. If OPEC lowers production the price of oil increases because Brent and WTI have to make up the difference, and their production prices are higher. However, OPEC's ability to affect prices is changing with Canada, China, Russia and the United States increasing their own output in recent years.
Answer:
The Middle Colonies were more diverse than colonies in New England and the South. Most of the early settlers depended on the fur trade and on farming for economic survival. The Middle Colonies were settled by different nationalities so there is greater emphasis on religious toleration and cultural diversity.
Explanation:
Hope this helps.
I think the answer is that <u>the work held that magic was in face very rational</u>...? Sorry if this isn't correct, but I hope this helps!
---JUSTAVERY
Answer:
A
Explanation: Atlantic and Pacific are 1 & 2 then the next is Amazon River
Answer:
GOOD: American culture expands to all conquered and acquired territories. Everyone who lives in these territories was able to benefit from religion, democracy, and cultural ways of Americans. Manifest Destiny increased goods, doubled the land area of the U.S., services, and wealth.
BAD:
was their destiny to expand caused Americans to disregard the territorial rights of Native Americans, wiping out many tribes and causing a cultural divide, tension and wars.
