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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 772 |
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Developing countries such as India and China continue to consume more energy thus putting more pressure on OPEC to produce more. According to Drilling and Production Outlook (September 2007), Oil consumption is expected to average 64.8 million barrels per day (bpd) up 1.6 % from the previous year. The demand for oil in the U...
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According to Drilling and Production Outlook (September 2007), Oil consumption is expected to average 64.8 million barrels per day (bpd) up 1.6 % from the previous year. The demand for oil in the U.S. continues to grow at 1.3 % year over year. OPEC (Organization of Oil Exporting Countries) continues to be the supply for most of the world’s oil at 30...
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General points of the essay
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