2007-04-28 12:58:16 · 6 answers · asked by peter 2 in Social Science ➔ Economics
Oil is found every where but it is not spread evenly, the middle east has nearly half of all known reserves. see http://www.infoplease.com/ipa/A0872964.html
Also middle eastern oil is the easiest to pump and process, so when prices fall they remain profitable, while many others do not, so they are also the most developed. Canada holds the world's second-largest oil reserves after Saudi Arabia, but it is in the form of oil sands previously considered too expensive to develop.
2007-04-28 13:27:28 · answer #1 · answered by meg 7 · 0⤊ 1⤋
middle east has the most oil deposits.
2007-04-29 00:46:09 · answer #2 · answered by OREGIENAL 2 · 0⤊ 0⤋
We are to restrictive in finding new sources they are within our boundaries. The left will not let us explore or drill for it. We can't drill look in the Gulf, Pacific, Alaska It has been proved that wild life increases with the pipe lines in place. Vote for another tree hugger and pay $4.00 plus a gallon, be held hostage by radical Muslims. Means you vote for those with no guts you get. enjoy and pay
2007-04-28 20:20:27 · answer #3 · answered by retired_afmil 6 · 0⤊ 1⤋
Greater concentrations, helps a country like ours, where there are a few rich, but many more who are poor and it is in fulfillment of bible prophesy.
2007-04-28 20:02:39 · answer #4 · answered by Here I Am 7 · 1⤊ 2⤋
We are stupid and love to be dependant on others.
2007-04-28 20:02:03 · answer #5 · answered by Gypsy Gal 6 · 0⤊ 1⤋
they sell it the cheapest
2007-04-28 20:05:21 · answer #6 · answered by Anonymous · 0⤊ 0⤋