What is crude oil?
Tiny plants and animals.
Oil first began as the remains of what two things?
Tiny plants and animals.
CHALLENGE
Which country has the largest oil reserves in Southwest Asia?
Saudi Arabia.
CHALLENGE
What does GDP measure?
The total value of all goods and services a country produces in one year.
CHALLENGE
What does OPEC stand for?
Organization of the Petroleum Exporting Countries.
DAILY DOUBLE
Which country did Iraq invade in 1990?
Kuwait
Oil is pumped out of the ground in the form of...
crude oil
Where did the remains of these plants and animals sink?
To the ocean floor.
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Which country has the second-largest oil reserves in Southwest Asia?
Iran
What is GDP per capita?
A country’s GDP divided by its population, or the average amount per person.
What is one main goal of OPEC?
To help keep oil prices steady.
Why did Iraq invade Kuwait?
To gain control of Kuwait’s oil reserves.
What is a nonrenewable resource?
A resource that takes so long to form that it cannot be replaced quickly.
DAILY DOUBLE
What three things helped turn those remains into oil and natural gas?
Heat, pressure, and chemical changes.
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Which country is very small but still has a very large amount of oil?
Kuwait
CHALLENGE
If a country uses its oil wealth to improve education and health care, it will probably score well in this measure of well-being.
HDI
CHALLENGE
Why do OPEC countries want oil prices to stay steady?
Because they want a steady supply of oil going out and a steady flow of money coming in.
What two kinds of countries joined the coalition against Iraq in the Persian Gulf War?
Oil-importing countries and oil-exporting countries.
CHALLENGE
What are oil reserves?
Oil that has been discovered underground but has not been used yet.
CHALLENGE
What is cap rock?
A layer of impermeable rock that traps oil and natural gas underground.
Name two Southwest Asian countries that have less oil than others in the region.
Syria, Yemen, Bahrain, Oman.
Why can GDP per capita be misleading?
Because it is only an average and does not show if wealth is divided equally among the people.
Name one reason OPEC cannot fully control world oil prices.
OPEC does not control all of the world’s oil, or OPEC members do not always act as a united group.
Why did many other countries join the coalition against Iraq?
Because some wanted to protect oil reserves and others wanted to protect the flow of oil.
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Name one renewable resource people may use when oil is gone.
Renewable Resources such as sunlight, wind, geothermal energy, waterpower, trees.
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Why does Southwest Asia have so much oil?
Because the region was once underwater and tectonic plates collided there, creating pockets where oil formed and became trapped.
Why is oil not distributed equally across Southwest Asia?
Because oil formed only under very specific conditions, and those conditions existed in some places but not others.
What does HDI measure besides money?
It also looks at things like life expectancy, literacy, and education.
Why do oil-importing countries care so much about the flow of oil from Southwest Asia?
Because their economies depend on oil for energy, transportation, and trade.
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Why do the United States and Japan protect the flow of oil around the world?
They are huge oil importers, so they are working in their own self-interest.
As of today, about how much does one barrel of crude oil cost?
about $111 to $114 per barrel.