Chapter 11 - Lecture Summary Flashcards
1
Q
William Knox D’Arcy
A
Founded British Petroleum, established oil in the Middle East.
2
Q
Pierre Trudeau
A
Created Petro-Canada during the 1970s energy crisis.
3
Q
OPEC
A
Oil cartel controlling prices and supply, significant in the 1973 embargo.
4
Q
1953 Iranian Coup
A
Orchestrated to secure Western oil interests.
5
Q
1973 Oil Embargo
A
OPEC’s action caused a global energy crisis.
6
Q
Privatization of Petro-Canada (1980s–1990s)
A
Shifted Canadian oil to private hands.
