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Identify a major factor discussed in class

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a) OPEC was formed in 1960. Many countries joined OPEC after its founding. Oil is certainly big business. Identify a MAJOR FACTOR discussed in class that explains why OPEC is no longer as feared by the US and the euro zone as it was several decades ago.

b) Why is President Biden asking OPEC to increase oil production?

Reference no: EM133169266

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