Download - Oil in Southwest Asia
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Clip Question – Explain the phrase “Oil makes the world go ‘round.”
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As we learn about Oil in Southwest Asia, students will complete a concept
web.
Oil in Southwest Asia
Why is oil/petroleum a strategic commodity?
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What is a strategic commodity?• Open your textbook
to page 529 for the definition to strategic commodity.
• Turn to page 517 and read Control of Oil Fields for an example to match the definition of strategic commodity.
• Add the definition and example to your concept map. Fighting in the Persian Gulf War – Kuwait,
notice the burning oil fields in the background.
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Add both written and visual information to your concept map.
Oil in Southwest AsiaWhy is oil economicallyimportant?
Why is oil/petroleum astrategic commodity?
A resource so important,people will go to war
to get a steady supply of it.Ex. – Persian Gulf War,
Kuwait
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Persian Gulf War – 1991 • Clip Questions
1. Describe the Iraqi occupation of Kuwait?
2. Why did Iraq invade Kuwait? (add this one to your concept map)
Iraq
Saudi
Arabia
Iran
Kuwait
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Top Oil Producing Countries – Oil Reserves (2007)
Country Reserves Production Reserve life
(Billion barrels) (Million barrels/ day)
(years)
Saudi Arabia 260 8.8 81
Canada 179 2.7 182
Iran 136 3.7 101
Iraq 115 2.2 143
Kuwait 99 2.5 108
United Arab Emirates
97 2.5 107
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Oil Consumption# Consuming
Nation 2006(1,000 bbl/day) (103m3/day)
1 United States 20,588 3,273
2 China 7,274 1,157
3 Japan 5,222 830
4 Russia 3,103 493
5 Germany 2,630 418
6 India 2,534 403
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Why is oil important economically in Southwest Asia?
• On page 505 read Oil Dominates the Economy and page 530 Using Oil Wealth to Diversify to answer this question.
• Think about who needs oil and who has the oil.
• Add information to your concept map.
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Add both written and visual information to your concept map.
Oil in Southwest AsiaWhy is oil economicallyimportant?
Global demand foroil by consumers
Oil-producing nations use money
to develop infrastructure, agriculture, and education.
Why is oil/petroleum astrategic commodity?
A resource so important,people will go to war
to get a steady supply of it.Ex. – Persian Gulf War,
Kuwait
![Page 11: Oil in Southwest Asia](https://reader035.vdocuments.site/reader035/viewer/2022062405/56813863550346895da0129e/html5/thumbnails/11.jpg)
Add both written and visual information to your concept map.
Oil in Southwest AsiaWhy is oil economicallyimportant?
Global demand foroil by consumers
Why is oil/petroleum astrategic commodity?
A resource so important,people will go to war
to get a steady supply of it.Ex. – Persian Gulf War,
Kuwait
Who is OPEC andwhat do they do?
Oil-producing nations use money
to develop infrastructure, agriculture, and education.
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Who is OPEC?• Task 1. Read p. 505,
where it says Oil Dominates the Economy
2. Answer the following questions and add them to your concept map/web.
Who is OPEC? What does OPEC
do?
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Oil Producing Countries
OPEC = Blue Countries
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Add both written and visual information to your concept map.
Oil in Southwest Asia
Why is oil/petroleum a strategic commodity?
A resource so important, peoplewill go to war to get a
steady supply.
Why is oil economicallyimportant?
Global demand foroil by consumers
Who is OPEC andwhat do they do?
Why are chokepointsimportant in this region?
Suez Canal …Strait of Hormuz …
Organization …
Oil-producing nations use money
to develop infrastructure, agriculture, and education.
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Chokepoints – Narrow passages on land or water that are important economically and
politically.
http://people.hofstra.edu/geotrans/eng/ch5en/conc5en/ch5c1en.html
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Which chokepoint has more oil being transported for global trade?
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2. What would happen to oil producingcountries if these chokepoints wereclosed? (Think about Saudi Arabia/Kuwait)
1. What would happen to oil consumingcountries if these chokepoints were closed? (Think about the USA)
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Add both written and visual information to your concept map.
Oil in Southwest Asia
Why is oil/petroleum a strategic commodity?
A resource so important, peoplewill go to war to get a
steady supply.
Why is oil economicallyimportant?
Global demand foroil by consumers
Who is OPEC andwhat do they do?
Why are chokepointsimportant in this region?
Suez Canal …Strait of Hormuz …
Organization …
Demand for oil can lead to?
Oil-producing nations use money
to develop infrastructure, agriculture, and education.
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Demand for oil can lead to ?
• Positive – Economic growth for oil producing developing countries.
• Negative – Imported oil can cause inflation in consumer countries (prices go up).
If prices continue to go up, consumer countries develop alternative fuels/energy.
www.eere.energy.gov