Both depend on imported oil for transport and on domestic coal for power generation.

Because they have an entire economic system that's dependent on that oil foreign oil, oil from other parts of the world that they don't own.

After all, he relies on oil for government revenue, and, according to recent leaks, is allegedly accumulating a massive personal fortune overseas.

On the contrary, companies and workers depend on public services and the subsidies that the government provides with revenues derived from oil and gas.

An oil rush is underway in the continent, because all developed countries' national security depends on a steady oil supply, and sub Saharan Africa owns 8 of the world's known reserves.

Algeria s economy is massively dependent on oil and gas exports, Morocco s is largely based on agricultural production (on which the weather has a huge impact) and remittances from expatriates, while Tunisia depends on European consumer demand and tourism.

Likewise, Europe s energy security depends on cooperation with Turkey on transit of oil and natural gas from Central Asia and the Middle East.

There is a huge dependency on oil, a need for capital, a need for serious reforms, while the social burden is very strong.

depends on

Depends

Its economy was heavily dependent on revenue from oil and gas, with high tech goods representing only 7 of its manufactured exports (compared to 28 for the US).

Iran s quest to dominate the Middle East threatens the world because the region accounts for so much of the oil on which the global economy depends.

PreDepends

Russia s future will be determined by whether it is successful in comprehensively modernizing its economy, which today is largely based on exports of oil, gas, and other natural resources.

It depends on the context.

Having suffered from disruptions in oil and gas supplies following disputes between Russia and Ukraine and then Belarus, the EU s members have finally understood that their survival depends on their capacity to diversify their energy sources.

The precise meaning depends upon the context.

But, while growth is not likely to stop any time soon, Russia s economic success increasingly hinges not only on high but rising oil and gas prices.

That's based on diet intake surveys, it's based on levels of obesity, it's based on a range of factors that gives you an approximate guess as to how much food is actually going into people's mouths.

Instead of distributing oil revenues through a program of low cost loans, as promised, the government has been forced to ration gasoline, as economic promise has given way to crisis.

And it s all a question of perspective.

It depends on us taking the third side.

The economy of the island is dependent on the fishing industry.

When will you be back? It all depends on the weather.

This depends on the nature of the plates involved.

The treatment required depends on the severity of the burn.

Clarity depends on the skill of the writer(s).

The available storage depends on implementation.

The type of glass used is dependent on the application.

It depends on a specialized schema design.

Moreover, during the reporting period, the National Parliament approved the law on the Petroleum Fund, the law on petroleum taxation and the law on petroleum activities.

To combat the impact of such dependence, they spend oil revenues on other sectors, leaving the oil sector with little investment.

Beating the Oil Barons

We need to act like the future depends on it.

First comes growth driven by foreign borrowing.

The prosperity of a country depends upon its citizens.

Economy The economy of the town depends on agriculture, trade, services.

In sum, the future of humanity depends on children.

Thirdly, sustainable peace depends on economic progress.

Moreover, much depends on external conditions.

This post is based on content originally posted on WITNESS.

Successful agriculture is dependent upon farmers having sufficient access to water.

While it relies on profligate subsidies and cash handouts, Thaksinomics also banks on structural reforms to propel economic growth.

China s export led economic model has reached its limits, and the transition to domestic led growth is intensifying internal frictions.

Rob Hopkins reminds us that the oil our world depends on is steadily running out. He proposes a unique solution to this problem the Transition response, where we prepare ourselves for life without oil and sacrifice our luxuries to build systems and communities that are completely independent of fossil fuels.