Topic: Diesel Shortage

There is a diesel fuel shortage occurring, primarily in the USA but also in Canada, WHY? The tools you need to analyse this question can be found in the first few chapters of your textbook and Im leaving it up to you which ones you apply to your analysis (use what you think can explain the “why”).

1. My expectation is that you will apply some of the theories we cover in this class to understand and explain what is going on and why and possible impacts from it.

2. Write this assignment as if the person reading it has never taken an Economics course before so make sure to explain what you are presenting.