Geography of water and energy resources Essay Example | Topics and Well Written Essays - 250 words - 1

Geography of water and energy resources - Essay Example ground on the reading of Who Gets What From Imported Oil? concerning the viewpoints on OPEC wealth and power, it can be ascertained that OPEC, cosmos an international organization, is often regarded an economic association of the oil producing or exporting countries having the mission to increase the unflinching income of its associated countries. The survey conducted by OPEC in the year 2012 highlights that the OECD countries are making more profits from oil receipts as compared to the nations of OPEC. The results of the survey also explained that the OPEC countries are earning revenues of $4,888 billion, whereas OECD countries are earning $5,553 billion from exporting oil. The outcome from this survey in the end reveals the prevalence of inefficiency in the functions of OPEC. It is worth mentioning in this regard that every country falling under OPEC fails to readapt the value of crude oil, which in turn, creates huge dif ferences in taxation (OPEC,