Question: Summarize what you learned and demonstrate your understanding in terms of shifts in demand and supply curves. Starting with an intital set of demand and

Summarize what you learned and demonstrate your understanding in terms of shifts in demand and supply curves. Starting with an intital set of demand and supply curves in February 2020 for instance, and depict what happened to the demand and supply curves by the summer of 2020 that explains the steep drop in oil prices. Provide a similar analysis for the price of oil now.

https://www.investopedia.com/articles/investing/100615/will-oil-prices-go-2017.asp

https://www.cnbc.com/2022/03/21/oil-is-likely-to-remain-volatile-and-expensive-as-world-deals-with-supply-shortages.html

https://www.nytimes.com/2022/05/10/business/energy-environment/oil-prices-gas.html?ref=oembed

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