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The Rise of OPEC w/ Giuliano Garavini

The Dig

CHAPTER

What Is a Petro State?

The author argues that simply producing oil does not make a state into a petro state. The United States is the world's largest oil producer, but it became a net importer of petroleum in 1948. To be a petro states you have to be very productive and an exporter; most of these exports are from oil.

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