How does opec affect the price of oil? opec a) regulates the oil production and supply on the world's market b) divides the profits from oil among all middle eastern countries. c) sells and buys land that contains oil deposits d) builds expensive machinery that is used in oil drilling

A)regulates the oil production and supply on the world's market

In the short term, the Organization of Petroleum-Exporting Countries (OPEC) has significant influence on the price of oil. ... For example, if OPEC countries are unsatisfied with the price of oil, it is in their interests to cut the supply of oil so prices rise.

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answer: francis bacon is well known for being the secont man to sail around the world. sir francis drake was the first englishman to sail around the world.

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the virginia plan called for three branches of government and two houses of congress. representation in each house would be determined by population. the new jersey plan called for three branches of government and a single house of congress. each state would have an equal vote.