Global Studies
Name ______________________________
Saudi Arabia, UAE, & OPEC
Syriana- Oil Options Trader and Economics Advisor
https://www.youtube.com/watch?v=hWeMpaC4VeA
What does the business world
think of the prince’s country?
Syriana - The oil business
https://www.youtube.com/watch?v=AwQKhvweL2A
What are the American lawyers
thinking?
What is the prince thinking?
Saudi Arabia country profile
http://www.bbc.com/news/world-middle-east-14702705
Why is it one of the main
players in the Arab world?
Saudi Arabia profile - overview
http://www.bbc.com/news/world-middle-east-14703476
Where does Saudi Arabia’s
name come from?
What is Wahhabism? What
punishments does it include?
Who established Saudi Arabia?
When?
Who has succeeded the
founder?
What may have grown because of the
leadership’s refusal to tolerate any kind of
opposition?
What is the trend in demands for
political reform and social change?
United Arab Emirates country profile
http://www.bbc.com/news/world-middle-east-14703998
Why is it called the United Arab
Emirates?
In what way is it one of the most
liberal countries in the Gulf?
What was the economy dependent
on before the discovery of oil?
How has UAE diversified its
economy?
The Power of OPEC (pp. 612-614)
When was OPEC founded?
Which countries started OPEC?
What does OPEC stand for?
Why was OPEC started?
What does OPEC decide at
meetings?
How many other nations joined?
From where are they?
CIA World Factbook
https://www.cia.gov/library/publications/the-world-factbook/geos/sa.html
https://www.cia.gov/library/publications/the-world-factbook/geos/ae.html
Economy
Saudi Arabia
UAE
Saudi Arabia
UAE
% of GDP based on oil and
natural gas
GDP
GDP Country Comparison to
World
GDP per Capita
GDP per Capita Country
Comparison to World
People & Society
Population
% Immigrants
Oil Prices: What’s Behind the Drop? Simple Economics
http://www.nytimes.com/interactive/2016/business/energy-environment/oil-prices.html?_r=0
Why has the price of oil been
dropping so fast?
Who benefits from the price
drop?
Who loses?
Why don’t the Saudis want to
cut oil production?
When are oil prices likely to
recover?
Why the world isn't running out of oil
http://www.telegraph.co.uk/news/earth/energy/oil/9867659/Why-the-world-isnt-running-out-ofoil.html
Why isn’t the world running out
of oil?
Reflection
Is the oil running out? Why or
why not?
Which country is doing more of
what the prince wants to do?
What evidence is there?
Which country is more likely to
be living in tents in the desert in
100 years? Evidence?