Which of the following factors is NOT expected to contribute to rising oil prices over the next decade?
A)discovery of newer and easier ways to extract oil
B)rising demand for oil in the Global South
C)restriction of oil supply by OPEC
D)All of these will contribute to rising oil prices.

Question

Quizplus · Accepted Answer

The discovery of newer and easier ways to extract oil would likely lead to an increase in oil supply, which could lower or stabilize prices, not contribute to their rise.

Which of the Following Factors Is NOT Expected to Contribute