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decline in oil revenues

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  • Oil-for-Food Programme — The Oil for Food Programme (OFF), established by the United Nations in 1995 (under UN Security Council Resolution 986)[1] was established with the stated intent to allow Iraq to sell oil on the world market in exchange for food, medicine, and… …   Wikipedia

  • Oil in Mexico — Mexico is the sixth largest producer of oil in the world and the tenth largest in terms of net export as of 2007. It is the second largest oil producer in the Western Hemisphere behind only the United States and just ahead of Canada. However,… …   Wikipedia

  • Oil City Area School District — Address 825 Grandview Road Oil City, Pennsylvania, Venango, 16301 …   Wikipedia

  • Oil and gas industry in the United Kingdom — This article sets out the role of the UK oil and gas industry in the economy, energy supply and technology. It also covers the industry’s safety and environmental record and its prospects for the future. Contents 1 Location 2 Exploration and… …   Wikipedia

  • 1973 oil crisis — Further information: 1973 world oil market chronology 1973 Oil Crisis Other names Arab Oil Embargo The 1973 oil crisis started in October 1973, when the members of Organization of Arab Petroleum Exporting Countries or the OAPEC (consisting of the …   Wikipedia

  • Chronology of world oil market events (1970-2005) — Basic OverviewThe 1970s See: 1970 1979 world oil market chronology 1970*January 1: U.S. Federal oil depletion allowance reduced from 27.5 to 22.0 percent. *May 3: TAP line from Saudi Arabia to the Mediterranean interrupted in Syria, creating all… …   Wikipedia

  • Chronology of world oil market events (1970–2005) — Contents 1 Basic overview 2 The 1970s 2.1 1970 2.2 1971 …   Wikipedia

  • Nationalization of oil supplies — The nationalization of oil supplies refers to the process of deprivatization of oil production operations, generally in the purpose of obtaining more revenue from oil for oil producing countries. This process, which should not be confused with… …   Wikipedia

  • Predicting the timing of peak oil — M. King Hubbert, who devised the peak theory, correctly predicted in 1956 that oil production would peak in the United States between 1965 and 1970Nuclear Energy and the Fossil Fuels,M.K. Hubbert, Presented before the Spring Meeting of the… …   Wikipedia

  • 1990-1999 world oil market chronology — 1990*Aug: Iraq invades Kuwait. Crude and product prices soar upward; exchange markets react wildly to any middle east news events; cash markets dominate prices after trading hours; jet fuel prices rise to record spreads over other products due to …   Wikipedia

  • 2000 world oil market chronology — *January 7: Energy companies and countries around the world report that they have passed into the year 2000 without significant problems from the Y2K Bug . There was concern that the inability of some computers and embedded control systems to… …   Wikipedia

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