THE PRICE OF OIL
it’s not a paper. Just 2 questions to answer
Examine the following variables that could affect the price of oil:
a. Tax credits were offered for expenditures on home insulation.
b. The Alaskan pipeline was completed.
c. A supposed ceiling on the price of oil was removed.
d. A new, very large deposit of oil was discovered.
e. Buyers in large numbers all of the sudden started driving large sport utility vehicles. f. The use of nuclear power suddenly decreased.
its not a paper. You just have to choose 2 of them and answer it.
Answer preview
- The Alaskan pipeline was completed.
The Alaskan pipeline supplies oil from Prudhoe Bay to Valdez in Alaska State. According to Bachmann, Johnson, and Edyvean (2014), the demand for petroleum products in developed countries like the USA has increased. This has led to the need for faster and efficient oil transportation in all corners of these countries. The common means of petroleum products transportation that are still in…
(350 words)