Renewable Resource: Oil Exploitation means to make use of and benefit from a resource.
Case Study: Saudi Arabia and Oil Exploitation The Middle East (Saudi Arabia outlined)
Saudi Arabia – a country in the Middle East – is the world’s second highest producer of oil (behind Venezuela) and is the source of 22% of the world’s crude (unrefined) oil.
1. According to figure 2, which region produces the largest amount of oil per day?
2. Which region produces the second largest amount of oil per day?
OPEC (Organisation of Petroleum Exporting Countries) is an intergovernmental organisation (more than one government is in charge of it), founded by Saudi Arabia, Iran, Iraq, Kuwait and Venezuela in 1960. With fourteen current members, its main function is to control the price of oil.
Asia and the Pacific
Africa Middle East Western Europe
Eastern Europe and Eurasia Latin America
North America 0 2.1 7.38 5.12 3.28
510152025 Barrels (million)
2. World crude oil exports by region (million barrels of oil per day, 2016)
In figure 2 we can see that in 2016 the Middle East produced 19.21 million barrels of oil per day. Saudi Arabia was responsible for 10.19 million of these barrels of oil, making it the region’s largest producer of oil by far.
