Response to Blog post 9

The information used to produce blog post 9 is very redundant to blog post 8's information. This is mainly because both were written within the same week. However, the same story was used. But from different sources so the viewpoints have been altered. I would guess that since these reports differed very little that they're not biased. Either that or their both agreeing on biased terms.

Blog Post 9

Once again the same chief oil executive from OPEC has released another statement, Mr El-Badri said: "We need a price where we can invest in new capacity, new supply and also cater for the wealth of our people. Anything below $70 will not permit us to invest." While OPEC has the ability to fluctuate prices to their liking, they also know that if prices are risen to high then buyers will look for alternate resources. Oil production will remain at the current production level. Meaning that prices will stay the same. However, when the current oil wells in the major oil producing countries diminish, then many problems will occur. There has been deep, deep wells of oil discovered underneath the surface of the ocean. These wells usually are a couple thousand feet underwater though. Making extraction very difficult. Which makes oil prices for the consumers jump.

Response to Blog Post 8

The information that I used to write the 8th blog post was very strong. There was several supporting quotes. As well as strong structural information. It really helped that a chief executive at OPEC was able to make a statement. I was able to build off of this quote and create a stronger blog post.

Blog Post 8

If things stay as they are with the price at this level, I think ministers will be reluctant to do anything," OPEC's Abdullah al-Badri told a group of reporters at a briefing at Chatham House. Unlike many people have predicted OPEC will not alter production in March. Although OPEC operates as a corporation, meaning that it has a corporate agenda that is not revealed to the public. Corporations such as OPEC like to share a small piece of their goal with the public. While hiding the rest of the agenda from the public.
Badri, a chief executive at OPEC released a statement to the media, "I believe that our countries within OPEC will agree that $75-85 a barrel is acceptable and will meet the needs of their quota." While this range may be acceptable at the moment, there is sure to be problems, like there always is. We will have to sit and observe until we completely understand OPEC's corporate agenda.

Response to Blog Post 7

Blog post 7 was easy to develop as most of my posts are. I know the information well and there is a constant flow of new media and reports being written everyday on my topic. But it is very hard to find a clean resource. Basically, a non-biased one.

Blog Post 7

"From $70-$85/90, I think this range is really acceptable at this time," he said. "I don't think any price below $70 will permit any investment." Said a chief executive from OPEC. With greener technologies being worked on daily OPEC has a new threat to maintain. It shouldn't be hard considering how much control OPEC has over many countries and government officials. With a new bill passed by congress, stating that candidates for presidency or other government posts can be funded by corporations then we will likely see a problem with biased corporate agenda.