GPS SS7E7 c
GQ: TPS -What do these have in
common?
Homework Week of 9/14-9/18
• Review all notes on Middle East
• Learn 15 locations in the Middle East –
study the map – quiz Friday!
GPS for 9/15
• SS7G7 The student will explain the impact of
location, climate, physical characteristics,
distribution of natural resources and population
distribution on Southwest Asia (Middle East).
• a. Explain how the distribution of oil has affected the
development of Southwest Asia (Middle East).
• SS7E7 The student will describe factors that
influence economic growth and examine their
presence or absence in Israel, Saudi Arabia, and
Iran.
• c. Explain the role of oil in these countries’ economies.
E.Qs.
• How has the distribution of oil affected the
development of the Middle East?
• How has oil affected the economic growth
of Israel, Saudi Arabia, and Iran?
OIL! BLACK GOLD! TEXAS TEA!
Oil in the Middle East
• The discovery of oil in the Middle East
changed the way of life for millions of
people.
• Many leaders in the region have used the
wealth from oil to modernize their
nations, while others kept the wealth or
used it to buy weapons and build armies.
Distribution of Oil vs. Population in
the Middle East
OPEC
http://www.opec.org/aboutus/history/history.htm
• The Organization of the Petroleum
Exporting Countries (OPEC) is a
permanent, intergovernmental
Organization, created at the Baghdad
Conference on September 10–14, 1960,
by Iran, Iraq, Kuwait, Saudi Arabia and
Venezuela.
OPEC's Objectives
• to co-ordinate and unify petroleum policies
among Member Countries, in order to
secure fair and stable prices for petroleum
producers
• an efficient, economic and regular supply
of petroleum to consuming nations
• a fair return on capital to those investing in
the industry.
OPEC Members
State of Israel
‫ְמ ִדינַת י ְִש ָראֵ ל‬
• Role of oil: Israel’s
economy is not based
on oil.
• Israel produces
almost no oil and
imports nearly all its
oil needs.
• Israel continues to
search for oil.
Kingdom of Saudi Arabia
‫المملكة العربية السعودية‬
• role of oil: oil-based economy
• largest reserves of oil in the world
• largest exporter of oil
• Oil accounts for more than 90% of the
country's exports and nearly 75% of
government revenues.
Islamic Republic of Iran
‫جمهوری اسالمی ايران‬
• role of oil: oil could help
this country’s economy
more than it does (poor
management)
• 2nd largest exporter of oil
• world's 4th oil producer
• Uses more oil than it
exports or produces
• At current rate by 2015
Iran’s oil export will
decline to zero
SUMMARY
• What does OPEC stand for?
• What is OPEC’s purpose?
How Has Oil Affected These
Countries?
OIL
ISRAEL
SAUDI ARABIA
IRAN