ABSTRACT
The permanent presence of Algeria on all key fronts for oil producers, as well the success of the nationalization of hydrocarbons, pushed its prestige to the zenith within Organization of the Petroleum Exporting Countries (OPEC). George W. Bush’s presidency was a major blow for OPEC countries. The main purpose of this doctrine was to ensure that US oil companies take possession of maximum reserves in the world’s major oil regions. Algeria has never been as rich as it was at the beginning of the 2000s, when shop fronts and displays in Algiers and elsewhere in the country were full of goods and products of all kinds even if people didn’t always have the necessary income to meet their needs. The deleterious atmosphere in the Algerian energy sector, in addition to disorder in the ranks of OPEC, ended the active participation of Algeria within the organization.
