Opinion Essay
For this Prompt you should explain, discuss, and/or argue a specific side, include a clear opinion statement and specific examples to support your opinion. This midterm allows for longer OREO response up to 700 words. One will be randomly chosen for you when you take the Final, so be prepared for all.
1. Argue how oil brought the best of society and the worst out of society. Using a specific example from the lessons for each (best; worst)
2. Identify two events, between 1950 â 2011, where a countryâs government policy impacted the oil industry. Include name the country, the situation, and the basic policy. Express an opinion about each policy - good, bad, smart, not as smart....
3. Explain about the influence of Iran on the oil industryâs equilibrium. Use 3 examples from the lessons. Express an opinion that Iranian influence on the oil industry has either increased or decreased over time.
4. Explain how one war impacted the oil industry, then explain how one regime change impacted the oil industry. Argue which had a longer lasting impact on the oil industry? Identify each event with dates, countries, people.
5. Compare and Contrast between the 56 Suez Crisis and the 73 Oil Embargo. Explain which countries and reasons behind the situation. Express an opinion about which had longer impact on the oil industry.
Historical events to outline
For this prompt you will need to List 5 steps or parts of the transition relating to the specific question, Include a brief explanation for the 5 steps. Please use examples from the lessons and text to support the list. This should not be over 700 words in length. One will be randomly chosen for you when you take the Final, so be prepared for all.
1. Explain the 5 challenges with transportation of oil/petroleum - Use examples from the lessons that support your challenges listed.
2. Explain 5 steps in the process of nationalization of the oil industry. You choose between Iran, Saudi Arabia or Venezuela. Use specific examples to support your process explanation.
3. Explain 5 aspects of the cultural change in America during the 1950s caused by the cheap and abundant oil.
4. Explain 3 times the oil supply was cut and the price increased. then Explain 2 times the market was flooded and the price dropped. Include decade, countries and companies involved, and identify a cause.
5. Explain 3 steps that led to the OPEC Golden Years, then 2 steps about OPECâs decline. Using examples from the lessons and text.
10 essay. Each essay need to be at least 450 words.