Tuesday, October 27, 2009
5 Paragraph Essay
OPEC, (organization of petroleum exporting countries) has come to my interest not only because OPEC has claimed the title as a permanent oil establishment, but also because life in the United States would be ultimately put to death… If, OPEC was to run out of oil, or if oil production/export is cut. This topic is one that plays the most importance out of all the other research topics other students chose. Why has OPEC dubbed itself, “… permanent oil source” when oil is non-renewable? What are the basic components of OPEC? Does OPEC operate as a corporation or a nation? What are the basic tenants of OPEC?
OPEC is currently establishing a raise in oil prices/production. http://www.opec.org/home/- the organizations home website. Provides history and a very opinionated view of OPEC and how it runs.
http://topics.nytimes.com/topics/reference/timestopics/organizations/o/organization_of_petroleum_exporting_countries/index.html- provides a different view of how OPEC runs and establishes a general ideology of the organization and its sects.
http://www.econlib.org/library/Enc/OPEC.html- provides history of the organization and also its business history.
I found the most helpful articles under non-government effected news sources. (ie… not fox news) All of the articles were relatively new.
www.opec.org, http://topics.nytimes.com/topics/reference/timestopics/organizations/o/organization_of_petroleum_exporting_countries/index.html, and http://www.econlib.org/library/Enc/OPEC.html are three good resources for my topic. The topic I have chose is very broad and should be easy to dig information up on. The New Global Oil Market: Understanding Energy Issues in the World Economy (Chap. 8 "OPEC: Past, Present, and Future")
by Siamack Shojai. 266 pgs. Explains a brief overview of OPEC and its history. The Natural Law Basis of Legal Obligation: International Antitrust and OPEC in Context, in Vanderbilt Journal of Transnational Law
by Joel Brandon Moore. 75 pgs. Does the same, laying an overview of OPEC. These books are able to help me on my search easily because they are very broad on OPEC's influences and things of that nature.
All of the dates I have found range from early 1990s to late 2009. So yes, this topic is virtually unlimited in the amount of resource available. (Until oil runs out.) With new needs to curb global warming and other such problems OPEC may be in serious trouble. OPEC's global effect on the economy will come to play. Also I predict that oil will once again rise dramatically. I would like to learn more about the political and economical policies that drive OPEC. This topic will not become "static" because of its relativity to everyday American life. If OPEC was to shut down overnight so would the United States.
This topic will make me think about the following things: global warming, politics, economics, policies, and greed. There is not really a certain place or person around New England that would be efficient to interview/visit for my topic.
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