The Organization of the Petroleum Exporting Countries

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Students discuss the role of trade and a global economy. As a class, they identify the costs and benefits of trade and how it is being questioned in today's society. They discover what is imported to the United States and the role of...

Students examine the role of OPEC and how it affects the price of oil. Using the internet, they research its history and relationship among different industries. Analyzing data trends, they identify how it has priced oil over time. ...

Students color the Middle East Nations of OPEC on outline maps. They discuss and watch a video about the United States reliance on oil producing nations of the Middle East. They participate in a discussion of the problems of the gas...

Students first discover the tensions that have recently caused the price of crude oil to skyrocket. They explore the ways in which oil prices are determined, investigating both free market and oligopoly conditions.