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Rafi Binder is an oil industry analyst at a brokerage firm. He recently read an article in the Wall Street Journal describing a research study

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Rafi Binder is an oil industry analyst at a brokerage firm. He recently read an article in the Wall Street Journal describing a research study that analyzed global oil reserves. Binder thinks this study would provide insight into the long-term movement of oil prices and wants to quote the study in a research report he is preparing. Using the Journal article to identify the author as Dr. Rangoon of State University, Binder obtained a copy of the original research study and used several excerpts in his oil industry report. In citing the source of the excerpts, Binder must credit:

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