Pacific Oil

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The Pacific Oil company was one of the first to establish a contract with the Reliant Corporation for purchase of products. The vinyl chloride monomer was developed by Reliant Corporation for use in the construction industry. This corporation was also responsible for manufacturing wood and petrochemical products used in building manufacturing. This essay will support efforts made by Pacific Oil to make amends with the Reliant Chemical around 1985.

Reliant chemical manufacturing company production was taking off as plastic for pip and pipe fittings were expanding in popularity. The substitution of iron for plastic products was gaining popularity in this time period and was well accepted in the construction world. According to Plastics Europe (2013), a modern combination of plastics can produce sustainable technology with the production of steel. European market places were more progressive in adopting plastic products for steel in the earlier time period.

Problem with reopened negotiations

The Negotiation process involves two parties attempting to solve similar interests (University of Michigan, 2012). In the case study of Pacific Oil Company with Reliant Chemical Company two parties were partaking in a negotiation. Upon reopening negotiations in 1985, many steps were taken to hash out previous oil strikes. Originally Pacific Oil Company opened under the name of Sweetwater Oil Company based out of Oklahoma City. Later around the 1930’s it reopened as Pacific Oil Company. The case study discusses the “Gold Rush” which many are familiar with only this gold rush was different. Strikes on North Central Oklahoma brought about many times of distress for the Pacific Oil Company as related to in the case study.

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www.acq.osd.mil/dpap/cpf/docs/contract_pricing.../vol5_ch3.pd

Plastics Europe. (2013). Plastics and steel: most important materials. Retrieved from

www.plasticseurope.org/.../20100514144658-FINAL_Recycling_in_Blast.pdf

Sandefur, T., (2013). In defense plea bargaining. Retrieved from

www.cato.org/pubs/regulation/regv26n3/v26n3-8.pdf‎

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negotiation process. Retrieved from

http://meldi.snre.umich.edu/negotiation_process_understanding_negotiation_proc

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