| OPEC: 50 Years since Founding of OPEC |
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Tuesday, 14 September 2010 |
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50 Years since Founding of OPEC
At a conference held in Baghdad, starting on 10 September 1960 and ending with a signing ceremony on 14 September 1960, the governments of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela founded OPEC as a vehicle to coordinate their petroleum policies.
Interesting to reflect that BGTW and OPEC are both 50 years in 2010. Well might we consider which has been the greater force for good in the world. |