Which of the following is NOT TRUE of oil resource in the MENA region? Question 38 options: a) The first energy crisis caused by OPEC occurred in the 1930s and it was a main cause of the Great Depression of the United States. b) Before OPEC, oil resources in the MENA region were firmly controlled by Western petroleum companies known as "the Seven Sisters." c) In 1972, oil producing countries began to nationalize the foreign oil companies and started controlling the price of oil resource. d) OPEC is a cartel with aim of taking joint action on oil pricing among the oil producing countries. e) Oil rich countries are concentrated in the Gulf region