Joey’s Blog

    Did you know that oil is the most important item traded?Its also true that the worlds petroleum suppliesare going to run out.You may think that 2.6 trillion is alot of oil,but its not.The oil climbs and drops just as quickly.Robert says that the oil decline is not the only problem.Drilling for more oil will be much harder.Do you know what opec stands for.It stands for Organization of Petroleum Exporting Countries.The countries are Algeria,Indonesia,Iran,Iraq,Kuwait,Libya,Nigeria,Quatar,Saudi Arabia,Venezuala, and United Arab Emirates.

This entry was posted on January 29, 2007 at 5:31 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.