Will the United States eventually run out of oil and have to reduce living standards?
A) No, because increases in the price of oil provide incentives to conserve oil, discover more oil, and discover more alternatives to oil.
B) No, because the government has subsidized alternative forms of energy such as wind and solar.
C) No, because government programs to mandate energy-efficient cars and public transportation will save oil.
D) Yes; even though technology has recently helped find more oil, this trend cannot continue.
Correct Answer:
Verified
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