Origin of OPEC
Examples from the Web for opec
This is a remarkable squandering of resources for this OPEC nation with one of the largest proven reserves.
And that means the U.S. needs to import less oil—especially from OPEC countires.Increasing Oil Production in the U.S. Sparks Less OPEC Reliance|Miranda Green|July 12, 2013|DAILY BEAST
The U.S. has long imported much more than it exported, especially oil from OPEC countries and goods from China.
But the more powerful members of OPEC don't seem willing to go along.
OPEC meets in Vienna on Friday, a meeting that will, according to the Wall Street Journal, be a mite testy.