Examen de Inglés de La Rioja (PAU de 2011)

irJ UNIVERSIDAD DELARIOJA Prueba de Acceso a la Universidad LOE Curso 20102011 Convocatoria Junio ASIGNATURA INGLÉS Knowing The Factors Affecting Oil Price Fluctuations When it comes to gasoline price issues everybody will pay attention Indeed all of us are consumers of gasoline in a variety of ways We use transportation which is one of the biggest consumers of the oil industry Even though some of us do not drive cars we are also indirectly contributing to the industry by buying basic commodities Whenever gasoline prices are the news feature everyone is interested The OPEC is an organization…

Comunidad Autónoma	La Rioja
Asignatura	Inglés
Convocatoria	Ordinaria de 2011
Fase	General

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OPEC

Organization of the Petroleum Exporting Countries (OPEC, or OPEP in several other languages) is an intergovernmental organization of 13 nations, founded in 1960 in Baghdad by the first five members (Iran, Iraq, Kuwait, Saudi Arabia, Venezuela), and headquartered since 1965 in Vienna. As of 2015, the 13 countries accounted for an estimated 42 percent of global oil production and 73 percent of the world's "proven" oil reserves, giving OPEC a major influence on global oil prices that were previously determined by American-dominated multinational oil companies.

Fuente: wikipedia.org