Oil in Southwest Asia

Power of Oil Timeline Place the following statements onto your flow chart in the order they occurred! Arab nations become angry with the United States and enact an embargo against selling oil to the USA. A fuel shortage causes the price of gasoline in the USA to go way up. Demand for oil increases steadily throughout the world. SW Asian countries become wealthy & powerful from oil trade. The U.S. supports Israel in the 1973 Arab Israeli War. Oil is discovered in 1908 in SWA.

Some Arab countries today are wealthy and powerful. Countries in Southwest Asia had little wealth or power because of physical trade barriers and few natural resources. The impact of Oil in Southwest Asia Cause/Effect Chart

Some Arab countries today are wealthy and powerful. Countries in Southwest Asia had little wealth or power because of physical trade barriers and few natural resources. The impact of Oil in Southwest Asia Cause/Effect Chart Oil is discovered in 1908 in SWA. Demand for oil increases steadily throughout the world. Southwest Asian countries become wealthy from oil trade. The U.S. supports Israel in the 1973 Arab Israeli War. Arab nations become angry with the United States and enact an embargo against selling oil to the USA. A fuel shortage causes the price of gasoline in the USA to go way up.

1.Define non-renewable – Humans cannot create more of it once it is gone 2. Why is oil valuable? It is only found in a few places on earth. It is nonrenewable. It can be refined into many different products you use daily. 3. What is OPEC? Organization of Petroleum Exporting Countries/They control price by regulating the supply. 4. Define ‘standard of living’ – How rich or poor a country is. Oil Brings Changes to SWA

How did oil help the Middle East? How has oil wealth created problems in the Middle East? It has made the Middle East wealthy and powerful. Oil production has made the Middle East a major factor in the world economy and politics. Countries of the Middle East that had large oil deposits were able to raise their standard of living by building schools, roads, hospitals, water and sewage treatment plants, and some provided free medical care for its citizens. Created new jobs. It created a large gap between the rich and the poor. Oil has caused conflict in the region. When workers from countries with a large poor population come to the Gulf region to work, they are often treated as second-class citizens. Countries want more land for more oil