Curated OER
Oil Market Basics
In this natural resources worksheet, students take a ten question quiz based on their knowledge of the oil market. This a multiple choice quiz.
Curated OER
Aggregate Demand and Supply Worksheet
In this economics worksheet, students use their problem solving skills to respond to 12 questions relating to aggregate supply and demand.
Other
Opec Official Site: Homepage
The official homepage of OPEC that provides information about the organization and its members.
Other
Opec: History of Opec
OPEC (Organization of the Petroleum Exporting Countries) coordinates and unifies the petroleum policies of its member countries. It works to stabilize oil markets around the world. Find out when and how OPEC was created in this look back...
Other
New York Times: Opec Finds Politics and Oil Mix
This site has a 1999 New York Times article about world oil prices, OPEC, and the role of politics in the Middle East. While much of the article focuses on recent events, background information is also given.
Khan Academy
Khan Academy: Us History: 1945 1980: Stagflation and the Oil Crisis
Read about the economic downturn of the 1970s and the OPEC oil embargo of 1973-1974.
US Energy Information Administration
Energy Information Administration: The 1973 Oil Embargo
The Energy Information Administration provides a short summary of the energy crisis of 1973 and a slide show with charts of oil and energy prices, production, and usage since the crisis.
Other
Saudi Arabian Market Explorer: Oil
This site gives a historical background and current information on oil in the Middle East. Read about the discovery and development of oil, Saudi Aramco, OPEC, and OAPEC.
Council for Economic Education
Econ Ed Link: The Price of Gasoline: What's Behind It?
In this lesson plan, students investigate the variables that contribute to the cost of gasoline. They learn that while OPEC nations do influence the price of oil and thus the price of gasoline, other factors also influence the price.
Curated OER
Cbc.ca: In an Uncertain World New Economic Realities
A brief overview of the 1970-1980's across Canada, economic conditions, fall of the Canadian dollar,inflated oil prices, boom and bust of Alberta, and the coming of free trade between Canada and the USA.
Country Studies US
Country Studies: Nixon's Accomplishments and Defeats
One of the most controversial presidents since Lincoln and Franklin Roosevelt, learn more than just the basic facts in this article about Richard M. Nixon's presidency.
Travel Document Systems
Tds: Economy of Kuwait
A thorough look at the economy of Kuwait. It describes Kuwait's recovery after the first Gulf War and how the country uses its vast oil revenues.
Travel Document Systems
Tds: Qatar: Economy
As Qatar's economy is based on oil, this article discusses the role petroleum products play throughout the fabric of the country. Information is from Background Notes from the U.S. State Department. Current to 2007.
Travel Document Systems
Tds: Sudan: Economy
Read about Sudan's economy and the diversification of that economy. Current information is from the U.S. State Dept. Background Notes.
Independence Hall Association
U.s. History: The Sickened Economy
The U.S. economy in the 1970s staggered and fell in the 1970s. Read about the reasons for the depressed economy marked by high inflation and high unemployment.
Louisiana Department of Education
Louisiana Doe: Louisiana Believes: World Geography: Oil in the Middle East and Africa
Students develop and express claims through discussion and writing which examine the importance of oil and water to the success and survival of the Middle East and North Africa.
Digital History
Digital History: Oil Embargo
This site has an overview of the causes of the 1970s energy and oil crisis.
History Teacher
Historyteacher.net: Global Studies: Current Middle Eastern Conflicts Quiz (1)
Chose the correct answer in this 12-question multiple choice quiz to test your comprehension of current Middle East conflicts. Test score is immediately updated.
Curated OER
Official Paul Krugman Web Page: The Energy Crisis Revisited
Analysis of the energy crisis of the 70s. An oil chart to illustrate the supply and demand curve.
Curated OER
Official Paul Krugman Web Page: The Energy Crisis Revisited
Analysis of the energy crisis of the 70s. An oil chart to illustrate the supply and demand curve.
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