Tuesday, September 13, 2011

Demand, Supply and the Price of Oil

Read the article, "Oil is Plentiful, Demand Weak.  Why Are Gas Prices Going Up?" - then post a brief (150 words or more) response about the factors which are influencing the demand for oil.  Identify the key components of the pricing of oil and explain why they seem to not be working the way we would expect.  With your post, please include at least two pictures and the article that you are reviewing. 

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