In 2012,following the great recession of 2008 and 2009,
A) oil prices dropped but can be expected to increase as the economy recovers.
B) oil prices dropped and may remain low as the economy recovers.
C) oil prices increased and can be expected to increase further as the economy recovers.
D) oil prices increased but can be expected to decrease as the economy recovers.
Correct Answer:
Verified
Q49: Because of the challenges associated with removing
Q50: The gap between oil production and consumption
Q51: If oil demands continue,the United States will
Q52: An oil shortage in 1973 was mainly
Q53: The basic strategy of the OPEC cartel
Q55: The Hubbert peak accurately predicted
A)maximum U.S.oil consumption
Q56: About fifteen years after the 1973 oil
Q57: The construction of the Alaskan oil pipeline
Q58: Since the 1980s,the United States has
A)increased its
Q59: Oil production in Alaska
A)peaked in 1985 and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents