Global Finance for the Earth, Energy, and Materials Industry covers the physical and financial aspects of energy commodities with the focus on crude and natural gas. The physical \path\" of each commodity from the point of production to the point of use will be explained, as well as the \"value chain\" that exists for each. Commodity market pricing, both cash and financial, will be presented, encompassing industry \"postings\" for cash, commodity exchanges, and \"over-the-counter\" markets. The use of financial derivatives to reduce market price risk (\"hedging\") will be presented, and \"real world\" examples will be utilized. Students will learn and practice the trading strategies in the energy commodity financial markets."
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Have you purchased gasoline and wondered at the price changes? Or worn your polyester jacket and wondered how it kept you warm, or been thankful your phone didn't break when you dropped it? These are just some benefits the petroleum industry brings to our world. Other aspects to the global world market involve natural disasters, wars, rumors of wars, national security, and consumer demand. Learn about oil production and how nations respond as EGEE 120 gives you a foundation of how industry interacts with you, governments, transportation, politics, and the world. You will become a more informed citizen, able to support your opinion about oil and the environment. As John McCain said, \Whoever controls oil controls much more than oil.\"
This unit includes four lessons that culminate in students crafting a letter, video or article expressing their viewpoint on a business’s responsibilities towards the citizens and the environment.
Using inquiry-focused reading, students will explore an anchor text, additional resources, then develop their own essential and supporting questions to guide their research.
Over the course of the unit, students will explore a variety of texts and grow in their knowledge of governmental and small business economic practices, the legal rights of citizens, the interdependencies within an ecosystem and the uses of renewable and nonrenewable energy sources.