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What else can I help you with?
Which Norden country has its own oil supply?
Norway is the Nordic country that has its own oil supply, with significant offshore oil reserves in the North Sea contributing to its economy.
Why does oil make you rich?
Oil is a commodity many people want (for powering cars etc) so if your or your country own oil reserves, then when you mine the oil and sell it you can get good money for it making you or your country rich.
What make Qatar rich?
Qatar has some of the largest oil reserves in the world.
What role did America's need for oil play in Middle Eastern terrorism?
Oil was one of the incentives to invade the Middle East. With this, came terrorism on our own soil.
How much money does Asia own?
The Chinese reserves owns an estimated $3.2 trillion dollars. Japan holds another $2 trillion in reserves. These are the two highest grossing Asian nations in reserves.
What is the chif occupation of the people of south America?
South America is a continent. Each country has its own occupations. Industry, commerce, mining, oil exploration, tourism, fishing etc.
Why cant we America drill our own oil like in the gulf of Mexico or Alaska?
We cant drill in America because we do not need the polution the econemy would drop more and that is just what we say.
Which one is the most competitive city of the world?
I suggest that Dubai, UAE is spending a great deal of money while they have the income from, oil to prepare for the prosperity of their future before their oil reserves are depleted. Dubai is not only intensely competing for the international financial and tourist income, but they are competing for their own future.
Who owns oil reserve in US?
Oil reserves in the United States are owned by a combination of private companies, government entities like the Department of Energy, and individuals who own mineral rights on land where oil is present. The federal government also maintains the Strategic Petroleum Reserve to address energy security concerns.
How does Israel make up for the lack of oil?
Exactly the same way as any other country that can't meet its own needs with its own domestic supply, such as the USA for example, does. -- conserve, -- explore for increased domestic reserves, -- develop alternatives, -- buy more from others. There are still a few producing countries whose love for oil revenue outweighs even their disdain for Jews.
Does the queen own an animal?
She owns the world doesnt she
Why us need to buy crude oil from arabic countres if they have their own?
The US consumes more crude oil than it produces; so it imports the difference.The US could produce more oil than it does. Cynics among us may perhaps be forgiven for thinking "We'll use their oil while we can buy it for a reasonable price, and then when it all runs out, we'll still have our natural reserves left."
