Critique OPEC website Essay Example | Topics and Well Written Essays - 1000 words

Critique OPEC website - Essay Example This essay discusses OPEC, that has been quite successful in presenting its case as a joint effort to protect its members from possible exploitation by industrialized countries. For this purpose, it has used several means of propaganda and its website www.opec.org has been quite effective in projecting the serious aspect of OPEC’s loquacious inducements of using oil as a tool of diplomacy, intimidation and restitution. The details and information that have been made available through this website is the sharp example of how fastidious OPEC is about its appearance or presentation to the entire world. A number of causes comes into focus of this essay. The list of reasons starts with restrained production policy of OPEC nations. These nations have the upward trend of oil production since 1999 and have added more problem to the economic crisis that raised its head in 2008 and is still continuing. Though the prices have again fallen to the almost less than one third of the peak val ue of US $145 per barrel but it’s the recession that is responsible for this fall rather than OPEC nations’ contribution towards economic partner to the world as whole. This essay not only analyzes impact and effects that OPEC have on modern oil market, but also researches possible promotional actions of it's website. OPEC website is one of the mouthpiece or better to say a means through the use of electronic media. In conclusion, the researcher states that the website has been developed quite efficiently in pursuing the goals of OPEC as a tool for information and image broadcasting.