Why did the oil price start cheap and after establishing OPEC it became higher

Geography

1 answer:

Lady_Fox [76]3 years ago

7 0

Oil still plays an important role in the global economy despite the continued efforts to reduce its use and to find alternative green energy sources. In the early days, finding oil during a drill was considered somewhat of a nuisance as the intended treasures were normally water or salt. It wasn't until 1847 that the first commercial oil well was drilled in the Absheron Peninsula, Azerbaijan.1 The U.S. petroleum industry was born 12 years later, in 1859, with intentional drilling near Titusville, Pennsylvania. (Drilling in the United States began in the early 1800s, but they were drilling for brine so any oil discovery was accidental.)2

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Place - On lake surfaces. Sunny. Loamy soil. Calm waters.

Movement - Small fishing and food shops. Not so many people.

Region - Uses languages like Spanish, French and English. Lakes around forests to fish. Not so much government stuff. Small hotels / lofts to rent

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Use evidence from the section titled I'm Very Young to explain the difference in age between rock samples found on the Atlantic

White raven [17]

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The rocks at the bottom of the ocean are younger than the rocks on the continent. This can be pessible due to the process called Continental Drift.

Explanation:

For a long time the human being wondered what would be the age relationship between the rocks at the bottom of the ocean and the rocks of the continent. Which rocks were younger or older? The scientific advance that humanity achieved during the second world war allowed this question to be answered, as it was during this period that "sonar" was created, a device that is able to reveal the ocean floor

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