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by supertankers
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∙ 16y ago
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Why is Saudi Arabia producing so much oil?
Saudi Arabia is producing a lot of oil because it has large oil reserves. Saudi Arabia has one of the largest oil reserves in the world, and producing enough oil to trade to other countries, mainly the US, is very profitable for Saudi Arabia.
Why does the US have to depend on countries like Saudi Arabia for Oil?
Because it costs to much for the USA to turn it's oil into gas.
What country does the US get most of their oil from?
Most of the oil the US uses comes from Canada, followed by Saudi Arabia.
Does the US import or export more oil?
Import, form Saudi Arabia
How much aid US gives Saudi Arabia?
Nothing
What is the US relationship with Saudi Arabia?
the u.s. trades with saudi arabia.
What is the major reason us interest in the the Persian gulf and Saudi Arabia?
The oil that they export.
Where does the US get most of it oil?
1. Canada 2. Mexico 3. Saudi Arabia
How much money does saudia Arabia get per barrel of oil?
Saudi Arabia is a member of OPEC, which collectively determine oil prices for the oil producing countries in that region. As of 7 October 2014, the cost for a barrel of oil from OPEC was US $89.37.
What is the standard of living of Saudi Arabia?
Saudi Arabia is an important country in Middle East. It has an oil based economy which has helped people in Saudi Arabia to maintain a significantly high standard of living. Saudi Arabia's average annual income of 93,472 US dollars in one of the highest in the GCC region.
Is Saudi Arabia larger or smaller than the us?
Saudi Arabia is quiet smaller than the US.
What factors cause us to run out of oil?
Not drilling for more really. USA has more oil than Saudi Arabia.
