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Which word best describe the economy of the oil-producing state after the sharp decline of oil prices in the 1980s?
butt cheeks
Indonesia is an oil-producing nation?
Yes. It is the second largest oil-producing nation in Asia; second to China.
Why is the east said to have a comparative advantage in producing oil?
The east has a comparative advantage in producing oil because it has fewer labor costs. American workers in oil production are paid a premium because of the dangerous and technical nature of the field.
What are the top 20 oil producing countries?
There are a variety of oil producing countries. These include Saudi Arabia, Russia, Norway, Iran, United Arab Emirates, Kuwait, Venezuela, as well as Mexico.
How much oil does Libya produce?
Libya produces roughly 2% of the world's oil. According to the CIA world factbook 2009 stats, Libya produces 1,790,000 bbl /day (barrels per day) making Libya the #18 oil producing country in the world. This is 2.49% of the 71,959,000 bbl/day of oil produced by the top 20 oil producing countries and 2.05% of the 87,125,145 bbl/day of oil produced by the top 100 oil producing countries.
What symbol is used to represent an oil producing state on a map?
iron
You are drawing a map of all the oil-producing states what symbol would you use to show these states?
If you were drawing a map of all of the oil producing states you would use an oil rig to show these states. That is the standard symbol used on most maps.
What is the largest oil producing state in the US?
Alaska
What is the leading oil state?
See the link below for a list of oil producing states.
Biggest oil producing state in US?
Alaska by far.
What is the 1 oil producing state in the United States?
Texas.
How does Texas rank nationally in terms of oil production?
Texas is the top oil-producing state in the U.S., often producing more oil than many OPEC countries.
Which word best describe the economy of the oil-producing state after the sharp decline of oil prices in the 1980s?
butt cheeks
Top three GTL and nonconventional oil producing countries?
State of Qatar Eastern Siberia Malaysia
Is Venezuela an oil producing country?
Yes. Venezuela is an oil producing country. In fact, oil related pollution is an environmental concern in Venezuela.
What is the ticker symbol for oil?
The ticker symbol for oil is NYSE crude oil in NYM is CL
Is Germany a member of OPEC?
No. OPEC Members are all oil producing countries. Germany is not an oil producing country.
