3. INQUIRY QUESTION : WHAT MAKES AN ORGANIZATION OF NATIONS HEROIC OR VILLAINOUS?

4. LESSON OBJECTIVES: I WILL EXAMINE DIFFERENT PERSPECTIVES OF OPEC. I WILL SUPPORT A POINT OF VIEW ON OPEC AND BACK IT UP WITH EVIDENCE.

5. WHAT MAKES AN ORGANIZATION OF NATIONS HEROIC OR VILLAINOUS?

7. GROUP DOCUMENT ANALYSIS Write down the evidence you find in the primary source. Support your opinion with evidence and justify.

8. DOCUMENT A “OPEC PLAYS A MAJOR ROLE IN THE DETERMINATION OF OIL PRICES AND PRODUCTION OF CRUDE OIL ONTO THE WORLD MARKET. WITH ITS AIM OF REGULATING OIL OUTPUT, OPEC HAS OFTEN BEEN PRIZED FOR ITS TREMENDOUS ROLE IN PROMOTING LONG LASTING DEVELOPMENT OF THE OIL RESOURCE. SINCE ITS CREATION IN THE EARLY 1960S, OPEC’S ABILITY TO DETERMINE OIL PRICES AND PRODUCTION HAS ENABLED OIL, A NON-RENEWABLE ENERGY SOURCE, TO LAST MORE THAN EXPECTED.” HTTP://WWW.DUNDEE.AC.UK/CEPMLP/GATEWAY/INDEX.PHP?NEWS=32492

9. DOCUMENT B “OPEC HAS HISTORICALLY CONTROLLED WORLD CRUDE OIL SUPPLY TO MANIPULATE MARKETS AND MAXIMIZE REVENUES (INCOME) TO THE BENEFIT OF ITS MEMBERS. SAUDI ARABIA, THE SINGLE LARGEST OIL EXPORTER, HAS HISTORICALLY PERSUADED OTHER CARTEL (GROUP) MEMBERS TO CUT PRODUCTION (EXPORTS) TO CONTROL WORLD MARKET PRICES. WHEN NECESSARY, SAUDI ARABIA HAS INCREASED THEIR EXPORTS TO FORCE OTHER OPEC MEMBERS TO REDUCE THEIR EXPORTS.” HTTP://THEENERGYCOLLECTIVE.COM/JEMILLEREP/2146151/ARE-DECLINING-OIL-PRICES- INCREASING-RISKS-OPEC-US-ENERGY-SECURITY-OR-CLEAN-FUELS-

10. DOCUMENT C “THE ORGANIZATION OF THE PETROLEUM (OIL) EXPORTING COUNTRIES (OPEC) WAS FOUNDED IN 1960 BY FIVE COUNTRIES: IRAN, IRAQ, KUWAIT, SAUDI ARABIA AND VENEZUELA. THEY WERE TO BECOME THE FOUNDER MEMBERS OF THE ORGANIZATION. THE MISSION OF OPEC IS TO COORDINATE AND UNIFY THE PETROLEUM POLICIES IN ORDER TO SECURE AN EFFICIENT, ECONOMIC AND REGULAR SUPPLY OF PETROLEUM TO CONSUMERS (BUYERS), A STEADY INCOME TO PRODUCERS (CREATORS) AND A FAIR RETURN ON CAPITAL (MONEY) FOR THOSE INVESTING IN THE PETROLEUM INDUSTRY.” --MISSION STATEMENT FROM OPEC HTTP://WWW.OPEC.ORG/OPEC_WEB/EN/ABOUT_US/23.HTM

11. DOCUMENT D

12. DOCUMENT E

13. WHAT MAKES AN ORGANIZATION OF NATIONS HEROIC OR VILLAINOUS? WRITING ASSIGNMENT CITE EVIDENCE EXPLAIN REASONING SUMMARIZE YOUR THOUGHTS DIRECTIONS: WRITE A PARAGRAPH ANSWERING OUR INVESTIGATION QUESTION THAT INCLUDES EVIDENCE FROM AT LEAST TWO DIFFERENT DOCUMENTS YOU VIEWED IN CLASS. OPECOil & Gas Reserves Petroleum/Oil EconomicDistributionProduction