OPEC

The Organization of the Petroleum Exporting Countries (OPEC) is made up of Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela; since 1965, its international headquarters have been in Vienna, Austria. The principal aim of the Organization, according to its Statute, is the coordination and unification of the petroleum polices of its member countries and the determination of the best means for safeguarding their interests, individually and collectively; devising ways and means of ensuring the stabilization of prices in international oil markets with a view to eliminating harmful and unnecessary fluctuations; giving due regard at all times to the interests of the producing nations and to the necessity of securing a steady income to the producing nations, an efficient, economic and regular supply of petroleum to consuming nations, and a fair return on their capital to those investing in the petroleum industry.

See also

• Energy crisis
• 1973 energy crisis
• 1979 energy crisis
• Ehrlich-Simon bet
• Hubbert peak
• International Energy Agency - a rival body founded during the 1973 crisis by the OECD
• Petrol
• Power outage
• Renewable energy
• Strategic Petroleum Reserve
• Petrocurrency
• Secretary General of the Organization of the Petroleum Exporting Countries
• Organization of Arab Petroleum Exporting Countries (OAPEC)

Petroleum industry writers/commentators

• Colin J. Campbell
• Kenneth S. Deffeyes
• Daniel Yergin

Books covering aspects of the subject

• The Coming Oil Crisis (2004)
• ' (2004)
• ' (1993)