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Subjects>History>World History

Who controls half of the worlds oil?

Anonymous

∙ 14y ago

Updated: 9/19/2023

Siberia definitely produces most of the worlds oil

Wiki User

∙ 14y ago

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Q: Who controls half of the worlds oil?

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Continue Learning about World History

Where is the worlds largest oil pipeline?

siberia

What country has the worlds largest oil pipeline?

Canada

Who produced half of the world's oil by 1900?

Russia

In 1990 which country controlled 25 percent of the worlds oil reserves?

Saudi Arabia

In 1990 which country controlled 25 of the worlds oil reserves?

Saudi aribia

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Related Questions

What type of government controls the OPEC?

OPEC controls most of the worlds oil source.

What organization controls almost 96 of the worlds oil production and trade?

Exxon

What organization controls almost 96 percent of the worlds oil production and trade?

Exxon

How much of the worlds oil supply is found in southwest Asia?

50% , HALF

Where are more than half of the worlds known oil reserves located?

in Siberia

What organization's goal is to control the worlds production and price of oil?

OPEC is the organization that controls the world's production and price of oil. The members of OPEC come from twelve oil producing states.

In 1990 Saddam Hussein had the capability to control ho much of the worlds oil?

one half

Why is the OPEC less powerfull now?

Opec controls significantly less of the worlds oil supply than it used to. As many countries that have discovered oil have not joined OPEC.

What body of water does more than one half of the worlds known oil supply is in the eight nations surround?

stinky

How much of the worlds oil still remains?

Lots of the worlds oil is still here. We haven't yet discovered all the oil.

In what ocean is approximately half of the worlds ocean water found?

The Pacific holds half of the worlds ocean water.

Why should the oil companies do anything different?

The exploration, extraction, refining and use of oil (and oil by-products), is killing the planet, due to pollution. Though this is not the true reason why oil companies are searching for alternative fuels. The real reason is that the worlds oil reserves are shrinking and whoever controls the oil, controls world energy resources. A country could basically be held to ransom by controlling the supply of oil to that country. Therefore, oil companies need alternative fuels for the future, so that there will be a future.

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