1. Questions

Social Studies

why is oil so important to the
countries of the arabian peninsula?

  1. 👍
  2. 👎
  3. 👁
Robin

  1. Arabia produces much of the world's oil; in Saudi Arabia, oil profits are a large part if the economy. Check these sites for details.

    https://www.cia.gov/library/publications/the-world-factbook/geos/sa.html#Econ

    http://www.country-studies.com/saudi-arabia/oil-industry.html

    1. 👍
    2. 👎
    👤
    Ms. Sue

  2. i understand but other websites don't tell me a lot about WHY it is important.

    1. 👍
    2. 👎
    Robin

  4. Because it's there.

    Because they have so much of it, and other countries (US included) consume so much. The higher the demand, the higher the prices that can be charged.

    1. 👍
    2. 👎
    👤
    Writeacher

Respond to this Question

First Name

Your Response

Similar Questions

  1. Math

    Which statement about ethnic groups in Southwest Asia is accurate? A. Arabs are the majority in every country in the region. B. Arabs are the largest ethnic group in the region. C. Kurds make up the largest ethnic group on the

  2. social studies

    Which statement about ethnic groups in Southwest Asia is accurate? A. Arabs are the majority in every country in the region. B. Arabs are the largest ethnic group in the region. C. Kurds make up the largest ethnic group on the

  3. Social Studies

    Please check my answers :) 1.Which statement about ethnic groups in Southwest Asia is accurate? A. Arabs are the majority in every country in the region. B. Arabs are the largest ethnic group in the region.**** C. Kurds make up

  4. Social Studies

    What geographic feature most likely helped Rome become a site of encounter? A. Arabian Peninsula B. Atlantic Ocean C. Mediterannean Sea D. The Arizona Desert

  1. english

    Please help me to correct my anserw below.thank you Petroleum, or crude oil, is one of the world's (1) _____ natural resources. Plastics, synthetic fibres, and (2) _____ chemicals are produced from petroleum. It is also used to

  2. history

    which describes the most accurate reason why oil wealth affects the stability of the middle east? a. wealthier middle eastern countries are able to use their oil profits to fund armies for self-defense. b. middle eastern nations

  3. Geography

    According to the information in the chart for which are the following countries has the greatest amount of oil reserves

  4. History

    Which of the following best describes the Olympic Peninsula region? A. The Olympic Peninsula is mostly urban, containing a large percentage of the state’s population. B. The Olympic Peninsula contains some of the only temperate

  1. Social studies

    Oil is important to Iran’s economy because _________________. A. Oil purchases are the country's greatest expense. B. Oil sales are a major part of the country's income.*** C. Oil spill have meant expensive environmental

  2. history

    Which describes the relationship between oil-producing Middle Eastern nations and the consumer states that consume their petroleum? Consumer states often are dependent on Mideast oil producers, but potential ties to terrorist

  3. History

    What are the similarities between the history of Costa Rica and the US? There is more than one correct answer choice. Be sure to select all that apply. A)The army was abolished in both countries. B)The constitutions of both

  4. maths

    Saudi Arabia has proven oil reserves of 2.63  1011 barrels. Kuwait has proven oil reserves of 9.78  1010 barrels. Canada has proven oil reserves of 1.789  1011 barrels. What are the combined proven oil reserves of the

You can view more similar questions or ask a new question.