This video has two claims include crude oil price increase because of stagnant supply, and second claim was the estimation regarding a rapid decrease in the price of crude oil.
Claims Conflict with Personal Observations
The information in this video is totally different from what I have heard and read. Since, I had heard different rationale of price increase and facts showed that the estimation claim may also not be true.
Background Information about the Claim
These claims came from the World Bank, which is a trustworthy and reputable source, since half a century. Economists viewed World Bank reports for strategy and information. These claims also matched with the trends of Energy Market regarding the crude oil price (worldbank.org).
Author's Expertise
The speaker, Dr. Uri Dudash is Director of the International Trade Department of the World Bank, associated with World Bank for the last 16 years and in this field for last 25 years, and an expert of international trade (worldbank.org).
Author Unbiased and Trustworthy
Dudash was unbiased and trustworthy. He also covers related areas such as speculation to provide substantial support regarding claims. He has a good reputation, and I found him trustworthy.
Part 2 Due 4/12
2. CheckPoint 2: Argument Credibility Peer Review
• Review the Constructive Feedback Tutorial at http://204.17.25.69/AXIA/CRT205/constructive_feedback.html. This tutorial utilizes audio narration and is about 10 minutes in length. A constructive feedback transcript is available. • Perform a peer review of another students CheckPoint 1 response, which will be posted in the Course Materials folder on Day 3. You only need to PICK ONE of the examples in the document for review. Read each example and decide which example you would like to review. • Answer the following questions in a 100- to 200-word response: o Do you think your classmate accurately ...