Opec Organization Of The Petroleum Exporting Countries

The region I chose is OPEC, which is the Organization of the Petroleum Exporting Countries. OPEC was established in 1961 with 5 countries. Since then, it has expanded to 12 countries: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela. As technology improves and the production of oil and natural gas fluctuates, changes in the economy will occur and create tensions and conflicts, as well as opportunities. Because of OPEC s impact on the global economy for natural gas and oil, the strengthening of these countries connections open the door for the emergence of a new world region. There are many economic indicators that affect the OPEC organization. This chart is a†¦show more content†¦In a speech made by Mr. Mohammad Barkindo, OPEC is focused on Securing an efficient, economic and regular supply of petroleum to consuming nations; and a fair return on their capital to those investing in the petroleum industry. The organization holds meetings to discuss what is going on in the global oil and gas economy to establish a reasonable price per barrel. Each country holds a different number of the global oil reserves so the price effects them differently. If the market can stabilize at the right price, the countries can move past tensions and build stronger relationships and create a larger global impact. According to the U.S. Energy Information Association, OPEC member countries produce about 40 percent of the world s crude oil. Equally important to global prices, OPEC s oil exports represent about 60 percent of the total petroleum traded internationally. The other 60 percent of production comes from non-OPEC countries. According to opec.com, the OPEC countries are in control of 81 percent of the crude oil reserves. The demand for oil is increasing exponentially. The United States alone is expected to increase by 1.6 billion barrels by 2016. The organization contains a spare capacity on hand in case of an oil crisis. The number each country can reserve is based on the refinery capacity, which can be seen in the OPEC

Expression of the Opposing Sides in All Quiet On The...

All Quiet On The Western Front is the German side and The Generals Die In Bed is the Allied side. The story of All Quiet On The Western Front centers on a young teenager, Paul Baumer the 19 year old German together with his 4 other classmates is persuaded to volunteer for the German army by enlisting at the beginning of World War I and find themselves fighting in the French warfare. The story is told entirely through the experiences of the young German recruits and highlights the tragedy of war through the eyes of an individual, Paul. Erich Maria Remarque creates the world of the ordinary German soldier in the Great War, spanning around late 1916 to just before the armistice of November 11th, 1918. It is a world of slaughter by gas†¦show more content†¦Generals Die in Bed by Charles Yale Harrison is told by a twenty-year-old anonymous narrator, who reminds us that the war is neither a glamorous nor glorious affair. It’s a graphic and poignant story of a young man sent to fight on the Western Front to fight against the German army. The experience of warfare in tre nches takes on distinct animation as readers identify with the predicament of the youthful soldiers. It’s written in a blunt documentary style. With its raw and powerful prose, the insanity and destructive brutality of war is shown so realistically that reader start to question the meaning of truth, heroism, God and Devil. From day one, he’s surrounded by mud and fear, lice and rats, chance and death. Artillery whistles down without notice or invitation. Boys cry out for their mothers. Close combat is worse: hasty and furious encounters with German boys and bayonets that don’t come out of one’s ribs smoothly. A cruel survival game. Against the idea of conquering the enemy, the soldiers are saying, â€Å"We have learned who our enemies are – the lice, some of our officers, and Death.† Against the idea of war’s comradeship, a scene in which soldiers fight each other like animals over a crust of bread is created. Far from making men out of boys, war in this narrative takes decent humans and brutalizes and dehumanizes them. There are battle scenes,

Internet Free Essays

It may take a village to raise a child, but it takes a society to raise a generation. The millennial generation also known as ‘Generation Y’ is a generation with their birth years ranging from 1982 – 2002, in which their attitudes and values concerning how work relates to the rest part of life. People in this generation, though more religiously unaffiliated than previous generations often are just as likely to hold traditional views about spirituality as theirs elders. We will write a custom essay sample on Internet or any similar topic only for you Order Now The millennial generation is incredibly technologically oriented as well, which may explain certain social traits they possess. Millennials have grown up immersed in ever-evolving technology. They are typically very technologically oriented, especially when it comes to social networking phenomena such as Facebook and Twitter. This may also explain why millennials are constantly connected to their peers on social networking sites. It is a multitasking way of life for most millennials, who are often immersed in several forms of communications (such as email, instant messaging, texting) all at once. All these are possible through the use of the internet. The internet is a global system of inter-connected computer networks that use the Standard Internet Protocol Suite (TCP/IP) to serve billions of users worldwide. It is a network of networks that consists of millions of private, public, academic, business and government networks of local to global scope that are linked by a broad array of electronic, wireless and optical networking technologies. The internet carries an extensive range of information resources and services, such as inter-linked hypertext documents of World Wide Web (www) and infrastructure to support email. The origins of internet reach back to the researches of the 1960s, commissioned by the United States government to build robust, fault-tolerant and distributed computer networks. The commercialization of what was by in the 1990s, an international network resulted in its popularization and incorporation into virtually every aspect of modern human life. As of June 2012, more than 2. 4 billion people- over a third of the world’s human population have used the services of the internet. The internet as so far being a blessing in disguise to the millennial generation. Although, the internet can be accessed in so many ways but the most pervasive is through the computer. Millennials use the computer both for work and personal use. From researches made, eighty-three percent of millenials use a computer for work and spends about seventeen hours on it each week. One out of five millennials use their computers for work for forty or more hours per week. Millennials who spend time on computers for personal use range from five hours per week to thirty hours per week. The average is seventeen hours per week. If these numbers are put together, it is something shocking. The average millennial spends seventeen hours per week on a computer for personal use. That totals thirty-four hours per week on a computer. That means that roughly one-third of millennials’ working lives are spent on computers. The internet provides access to a lot of information. Some of them are very useful in jobs and studies. Information can also be collated easily. Thus, the benefits of the internet are not far-fetched, likewise its disadvantages because it plays a part in our day-to-day activities. Shopping is one very important thing but of course, everything seen cannot be bought and also not all shopping websites can be trusted. It is required to select what is to be bought, fill in some forms and click. With just a simple click, payments for goods and services can be done via credit cards which will transfer money from the buyer’s bank account. Nowadays, almost every bigger banks offer money-transfer than going to the bank. Transferring money by traditional means may take a lot of days. Using the internet can do this in a few seconds. But most people fear the hackers. A hacker is someone who breaks into computing systems to damage it. He enjoys exploring the details of programmable systems of how to stretch their capabilities. This makes some people think that their money can easily be stolen by hackers. But it is not true because the internet has a very good protection which makes transactional codes practically unbreakable. Internet mailing is another very important aspect. Mails when sent get to their destinations under few seconds. For instance, when a millennial wants to inform his relatives that live far away about an issue, he copuld just send them emails of course which is not only texts but movies and photographs inclusive. The Internet has now become the best business tool in the modern scenario. Today, it has brought the world in one single room. Right from getting news across the corner of the world to accessing knowledge resources to shopping, everything is at your fingertips. The Internet has tremendous potential and a lot to offer in terms of services such as faster communication. The foremost target of Internet has always been speedy communication and it has excelled way beyond the expectations. Newer innovations are only going to make it faster and more reliable. Now, you can communicate in a fraction of second with a person who is sitting in the other part of the world. For more personal and interactive communication, you can avail the facilities of chat services, video conferencing and so on. How to cite Internet, Papers