scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,248
The Caspian Oil Question The issue over the black muddy and horrible smelling substance called oil is one that has been around for centuries Since the time of Marco Polo the trade of Black Gold has been a source of profit and power due to its extreme utility value The real importance of oil didnt come around until World War One when there became a demand for it to power not only tanks and other autos but battleships the tangible evidence of a nations military might Today in the contemporary world oil holds much more value due to the dependency of it to run the core states In the 1970s and 80s with the several oil crisiss due to the OPECs Organization of Petroleum Exporting Countries short embargo of the United States the US has been looking towards other regions in the world for oil deposits The most promising alternate region was in the area of the Caspian Sea Basin in central Asia Unfortunately at the time that area was just as remote to the industrialized world as the Gobi desert in southern Mongolia Well with the break-up of the Soviet Union the region was open to foreign powersmulti-national corporations ie Shell British Petroleum Unfortunately now that the oil has been discovered there is the question as to how that oil is going to get out to the world market As a result the main issue concerning the Caspian Sea region is which pipeline during the next decade will become the main route to export oilgas out of the region to the world market considering there is an estimated 4 trillion worth of oil The following goes over the issues of the local players and the two superpowers if you consider Russia to be one Most important is of course the wants of the states on the Caspian Sea who are going to be exporting the oil in addition to the states like Georgia
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA