These days many changes are shaping the market for oil. Predict how each of the following...
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These days many changes are shaping the market for oil. Predict how each of the following events will influence the demand and /or supply conditions. しr. Cars are becoming more fuel efficient, and therefore get more miles to the gallon. The CNG prices are going down. A major discovery of new oil has been made off the coast of Indian Ocean. A war in the Middle East disrupts oil-pumping schedules. Ve. The price of solar energy falls dramatically. These days many changes are shaping the market for oil. Predict how each of the following events will influence the demand and /or supply conditions. しr. Cars are becoming more fuel efficient, and therefore get more miles to the gallon. The CNG prices are going down. A major discovery of new oil has been made off the coast of Indian Ocean. A war in the Middle East disrupts oil-pumping schedules. Ve. The price of solar energy falls dramatically.
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aThe demands of more fuelefficient cars will be high but initially supply will be less but the... View the full answer
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