Assignment 7 - Add to your Electronic Folder and Submit to me as an individual. Assignment 7 and Your Name
Answer the following questions and if you leave them blank it will not be a bad thing for now.....you will be GRADED on this again.
Assignment 7 - The Price of Oil
1. Are low gasoline prices good or bad for the United States Economy?
2. What is the significance of non renewable energy on the future of energy prices and the future of innovation and the use of renewable energy?
3. What countries depend on oil for its economy?
4. What is the significance of OPEC on the price of oil in the world?
5. Explain the concept of supply and demand with oil prices?
6. What is the significance of the Middle East on oil prices?
7. How is the price of a barrel of oil significant to the global economy?
8. What is the U.S. Policy on oil production?
9. What relationship do Canada and the U.S. have with the oil business?