Brief History (2007), Organization of the Petroleum Exporting Countries [on line]. Available at: http://www.opec.org/opec_web/en/about_us/24.htm [Accessed 10 March 2007]
Just like the title of the source, its content is mainly about the history of OPEC (Organization of Petroleum Exporting Countries). The history was divided chronologically, more specific; it was classified every decade from 1960s to 2000s. During 1960s, the article showed the background at that time and the establishment of OPEC. After 1960s till now, it tells us the development OPEC made, the crisis OPEC faced and how they influenced the oil price all over the world.
The source is extremely authoritative that it can be put into the essay because it is from the official website of OPEC. And there are no other sources we can have more faith in than this one. As for the content, it is clear to understand. This is the general analysis I have for this source.
As for the reason why I incorporate the information into my essay, I believe that we cannot learn an organization without knowing its brief history.
Benjamin, Z. (2011), The Concise Encyclopedia of economics OPEC, Economics Library [on line] Available at: http://www.econlib.org/library/Enc/OPEC.html [Accessed 1 Jan 2012]
This source includes the history as well, but it focuses more on the reasons why OPEC was established, people’s analysis of OPEC in the recent years and the future it may have. That is, it put a higher value on people’s views rather objective facts such as historical event.
Although this source is not as authoritative as last one, it is believable due to its author, Benjamin Zycher, the president of Benjamin Zycher Economics Associates, Inc., and a senior fellow at the Manhattan Institute for Policy. Undoubtedly, he is an expert in economy, so the article is worthy trusting enough.
Only by knowing other people’s comments about OPEC can we have a comprehensive and...
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