Sunday, March 24, 2019
Essay --
Recently, the topic of crude rock crude fossil oil consumption and production has been rack onto the founding stage. As demand for oil increases inter rural areaally, the role of major producers depart change dramatically. As a illustration of Saudi Arabia, I ordain moroseer my position on these topics, and I pull up stakes represent the views of my nation as clearly as possible. The first topic Id like to address is OPECs get wind on global oil production, supply, and pricing. Right now, OPEC member nations agree nearly 81% of crude oil reserves, compared to 19% of non-OPEC member nations (EIA.gov). Because we control such a large fate of the replete(p) amount oil reserves in the world, we can effectively control prices through production. If we decrease production, prices rise, and if we increase production, prices fall. As a representative of both Saudi Arabia and OPEC as a whole, I believe that our control over world oil production and supply is both warrant and correct. My country in particular controls nearly 1/5 of total world oil reserves, and acts as the largest exporter and producer of petroleum (EIA.gov). Therefore, we should shed a significant amount of control over world oil prices, because we control such a large percentage of world oil reserves. We should be able to essentially control international oil prices, and cut off supply to any country we see fit. On the topic of our cooperation with OPEC, the up-to-the-minute member nations need to reorganize and reassess our goals. Although we have set oil production allocations for each nation to ensure price stability and fair to middling supply, nations like Iran and Iraq have skewed production due to their unstable oil output and refusal to adhere to production quotas.In terms of my countrys position on non-OPEC produ... ...my, because OPEC has such a large influence on world oil supplies. Therefore, although Iraq and Iran have, in the past, drawn action contrary to OPEC policy , we have to continue cooperating with them. These points of opposition against my country, although they may be justified, do not take into account Saudi Arabias political and economic situation. Because of this, they are short-sighted and unreasonable. At this conference, we hope to resolve outstanding irrelevant relations issues with countries around the world to both ensure continued oil exports and stable oil prices. We will not, however, make any concessions in terms of oil production and nursery gas emission, as any decrease in production would impede our economy growth. Hopefully, we will be able to achieve our goals of mending foreign relations issues while sustaining our control over world oil prices.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.