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Wednesday, February 13, 2019

Essay --

Recently, the topic of oil consumption and yield has been thrust onto the knowledge domain stage. As demand for oil increases internationally, the role of major producers will falsify dramatically. As a representative of Saudi Arabia, I will extend my do on these topics, and I will represent the views of my nation as clearly as possible. The first topic Id analogous to address is OPECs hold back on global oil production, bring home the bacon, and pricing. honest now, OPEC genus Phallus nations control nearly 81% of crude oil reserves, compared to 19% of non-OPEC member nations (EIA.gov). Because we control much(prenominal) a large percentage of the centre amount oil reserves in the orbit, we can effectively control prices through production. If we decrease production, prices rise, and if we increase production, prices fall. As a representative of some(prenominal) Saudi Arabia and OPEC as a whole, I believe that our control all over human beings oil production and suppl y is both(prenominal) justified and correct. My estate in particular controls nearly 1/5 of total world oil reserves, and acts as the largest exporter and producer of petroleum (EIA.gov). Therefore, we should have a satisfying amount of control over world oil prices, because we control such a large percentage of world oil reserves. We should be suitable to essentially control international oil prices, and cut off supply to any country we see fit. On the topic of our cooperation with OPEC, the current member nations need to reorganize and reassess our goals. Although we have set oil production allocations for each nation to ensure price stability and adequate supply, nations resembling Iran and Iraq have skewed production due to their unstable oil fruit and refusal to adhere to production quotas.In terms of my countrys position on non-OPEC produ... ...my, because OPEC has such a large influence on world oil supplies. Therefore, although Iraq and Iran have, in the past, taken a ction contrary to OPEC policy, we have to strain cooperating with them. These points of opposition against my country, although they may be justified, do not take into consider Saudi Arabias political and economic situation. Because of this, they are short-sighted and unreasonable. At this conference, we hope to resolve outstanding foreign dealing issues with countries around the world to both ensure continued oil exports and stable oil prices. We will not, however, fudge any concessions in terms of oil production and greenhouse feature emission, as any decrease in production would stunt our rescue growth. Hopefully, we will be able to achieve our goals of mending foreign relations issues while sustaining our control over world oil prices.

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