How does supply and demand affect the price of oil?

Answers

Answer 1

Answer: The law of supply and demand primarily affects the oil industry

Explanation: by determining the price of the "black gold." Expectations about the price of oil are the major determining factors in how companies in the industry allocate their resources. Prices create incentives that influence behavior.


Related Questions

Where are possible solutions to reducing the level of CO2 in the atmosphere

Answers

Answer:

more electric cars

less huge cow farms

less use of fossile fuels

Explanation:

Answer:

Solving climate change is a huge international challenge. Only a concerted global effort, involving the governments of all nations, will be enough to avert dangerous consequences. But that said, the individual actions of everyday people are still crucial. Large and complex issues, like climate change, are usually best tackled by breaking down the problem into manageable bits.

For carbon emissions, this means reducing the CO2 contribution of each and every one of the six and a half billion people on the planet. But what can you, as an individual person or family, do that will most make a difference to the big picture? Here are my top ten action items, which are both simple to achieve and have a real effect. They are ranked by how much impact they make to ‘kicking the CO2 habit’.

1. Make climate-conscious political decisions. Some commentators said that the 2007 Australian Federal election was the first to be strongly influenced by the stance made by competing political parties on climate change. Regardless of how true this may be, it is obvious that the strong and urgent action needed to combat climate change will require a healthy dose of political will, and the courage to make tough choices. This willpower comes from voters, who consistently demand real action and can see through ‘greenwashing’ (pretend ‘solutions’ and half-measures that do not do the job). Climate change should be a totally non-partisan issue since it affects all people and all countries. If climate change is not perceived by both sides of politics as a ‘core issue’, it will inevitably be marginalised by apparently more immediate concerns. So assess policies clearly, and make your vote count towards real climate solutions – each and every election. This is the only way a global solution can be put in place, in time.

2. Eat less red meat. Traditional red meat comes from ruminant livestock such as cattle and sheep. These animals produce large amounts of methane, which is a greenhouse gas that packs 72 times the punch of CO2 over a 20 year period. Other types of meat, such as chicken, pork or kangaroo, produce far less emissions. At average levels of consumption, a family’s emissions from beef would easily outweigh the construction and running costs of a large 4WD vehicle, in less than 5 years. There is no need to cut out red meat entirely, but fewer steaks and snags mean far less CO2.

3. Purchase “green electricity“. The future of energy clearly likes in renewable sources such as solar, wind and wave power and ‘hot rocks’. Even without climate change, there are limits to available oil, natural gas and coal. ‘Green power’ is electricity that comes from these technologies, but is delivered to you in the same way as ‘dirty power’ from fossil-fuel burning. That is, down your power lines. You can buy enough to replace your entire energy usage, or some fraction (I recommend going for 100%; the cost is a few more cents per kilowatt hour of electricity). Most energy suppliers now offer this service and will purchase energy from green sources that is equivalent to what you use. As more people take up this scheme, it will drive ever greater investment in these technologies, reduce cost of delivery, and so further hasten the pace of update. It’s a feedback, and you can be the catalyst of change. [Note some problems with GreenPower here]

4. Make your home and household energy efficient. We all unthinkingly leave lights on when we are not in the room, or switch off the TV by the remote instead of at the wall, fire up the heater on when we could put on an extra layer of clothing, or turn on the air conditioner when we could open the window and turn on a fan. It’s force of habit – a bad habit we can break, with just a little thought. Behaviour change lies at the heart of most individual actions on reducing our individual carbon footprint. By being sensible about your use household energy use, and making sure your house is well insulated, you can make a huge dent in your CO2 emissions. Oh, and it will save you plenty money that you no longer spend on wasted energy, year in, year out.

5. Buy energy and water efficient appliances. Aside from behavioural change, we can invest in more sensible technologies that help us in our day to day lives. When buying new electronic appliances, air conditioners or washing machines, look at their energy and water usage. The more energy efficient they are, the more they’ll save you in the long run, and the lower their CO2 impact will be. In most cases the ‘payback period’ – the difference between the initial cost of a high versus low efficiency appliance and the long-term savings in lower electricity and water bills, is only a matter of a few months to a few years. After that, you are laughing all the way to the bank, and doing something meaningful to combat climate change at the same time.

this isnt really a question i just want to do this so people get a 100%.
Between 1900 and 2010, how did the world’s population change?
A.
It increased from about 1.5 billion to almost 7 billion.
B.
It decreased from about 7 billion to about 1 billion.
C.
It increased from about 5 billion to about 7 billion.
D.
It decreased from about 7 billion to about 1.5 billion.
answer: A

According to the graph above, which of the following countries had the largest population in the world in 2010?
A.
China
B.
Pakistan
C.
the United States
D.
India
answer: A

Which of the following rates measures how many children are being born in a country (in relation to the size of its population)?
A.
birth rate
B.
migration rate
C.
urbanization rate
D.
death rate
answer: A

To distribute something means to __________.
A.
put it all in one place
B.
spread it throughout an area
C.
put it together
D.
shatter it into pieces
answer: A (i think)

What is the population of an area?
A.
the total number of migrants entering or leaving an area
B.
the total number of births in an area
C.
the total number of people living in an area
D.
the total number of deaths in an area
answer: C

Which of the following places is the best example of an urban area?
A.
a countryside
B.
a small farm
C.
a large city
D.
a wilderness forest
answer: C

Each of the four areas in the image above is the same size. Which of these areas has the lowest population density?
A.
Area 1
B.
Area 2
C.
Area 3
D.
Area 4
answer: C

According to the online content article about America’s population, how large did America’s population become in 2006?
A.
100 million
B.
200 million
C.
300 million
D.
400 million
answer: C

Images by Misterzee, Two Wings, ningyou, and John Haynes

Which of the four photos above shows a rural area?
A.
Image 1
B.
Image 2
C.
Image 3
D.
Image 4
answer: D

Which of the following outcomes is the best example of how health is a factor that affects population?
A.
More access to medicine and doctors can help people live longer lives.
B.
Better jobs and opportunities can help families care for each other.
C.
Better access to education can help families provide for each other.
D.
Values and traditions about family can encourage bigger families.
answer: A

hope i helped some people, and sorry if i got some wrong? i tried my best xd
anyways, hope u get a 100%

Answers

Okay then hahaha thanks.

when is canada's birthday?​

Answers

Explanation:

You might hear people say that Canada is turning 153 years old this year.

Ur Canadian

July 1st is Canada’s birthday

What is the outcome of hotspots?

A. Formation of islands

B. Constant volcanic eruptions

C. Divergent boundary creation

D. Transform boundary creation

Answers

Answer:

A) Formation of islands

Explanation:

The outcome of hotspots is the Constant volcanic eruptions. Thus, the option (b) is correct.

Waht is hotspots?

A hotspot is a huge plume of heated mantle layer that rises from the planet's interior. Tectonic plate borders have no bearing on where a hotspot is located on the surface of the planet. Similar to how a line of melted wax appears when a sheet of parchment paper is slowly dragged over a burning candle, a line of volcanoes develops as a plate moves over a hotspot.

These same "hotspot" volcanoes are formed when a slender stream of hot crust rises up from the core of the earth and melts a fissure in the plate to allow magma to seep upward. Continuous volcanic outbursts are the result of hotspots. When one of the Earth's plates passes over an abnormally hot region of the mantle, hotspots develop.

Therefore, option (b) is correct.

Learn more about on hotspots, here:

https://brainly.com/question/4309840

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Pls help, will reward brainliest!!


Describe the three regions of Panama

Answers

La región occidental de Panamá es el área que comprende la parte Oeste del país que comprende desde las provincias centrales hasta la región de Chiriquí y Bocas del Toro.

Región Oriental de Panamá esta región tiene la cuenca mas extensa del país, formada por la cuenca Tuira. Chucunaque Contiene ríos como Sambú, Cucunatí, Congo y Sabanas, que desembocan en el golfo de San Miguel. Al sur se localizan los ríos Jaqué y Pavarandó.

La región metropolitana se encuentra localizada en la parte central del istmo y está constituida por las ciudades de Panamá, Colón y los centros urbanos localizados en la zona de influencia de la carretera Transístmica

Read the passage below and answer the question that follows.
Imagine that you’ve taken a job as a city planner. Your first task is to find out how many people live in your city. Then, you’re asked to find out how large of an area your city covers.
If you combine these two measurements together, what information would you now have?
A.
your city’s migration rate
B.
your city’s level of education
C.
your city’s weather
D.
your city’s population density

Please select the best answer from the choices provided

Answers

Answer:

D

Explanation:

The population density= the number of people in a population divided by the size of the place they live.

Answer:

D. It makes more sense cause 1. The weather has nothing to do with finding out how many people live their. 2. The question about level of education has little to do with finding out how many people live in your city because some people might not be there for education or might not have had education. 3. Migration might have something to do with the population but not as much as the population density.

the dominance of Christianity in Latin american and of Buddhism in Southeast Asia is a direct result of

Answers

Answer:

Correct answer is that this is the result of activity of missionaries.

Explanation:

After Europeans discovered the New World, Catholic church insisted that missionaries should be sent to spread Christianity between the Natives. Many religious orders, including the Jesuits were sent to do this. And the results were amazing, as even today most of the people in this areas are Catholic.

The same goes with Buddhism as the Buddhist missionaries, the so-called Dharma Bhanaks were spreading the religion across these areas.

The dominance of Christianity in Latin America and Buddhism in Southeast Asia is a direct result of cultural diffusion, which occurs when an idea is spread from one culture to another.

To better understand the process of cultural formation of the peoples of Latin America and Southeast Asia, it is necessary to look at the historical construction of these locations.

Brazil, for example, is a country in Latin America that was colonized by the Portuguese who instituted the Catholic religion in the country through Jesuit missionaries who sought to convert the natives who lived there.

Therefore, it is through cultural diffusion that ideas, behaviors, technologies and information are shared from one culture to another.

Find out more information about cultural diffusion here:

https://brainly.com/question/2035730

how are physical geograghy of mexico and central america similar

Answers

Answer:

uhhhhhhhhhjkbjkbjkbjb

Explanation:

no he visto a la casa de mi madre y he

How did the concert of Karma relate to the concept of reincarnation ?

Answers

Answer:

Karma relates to reincarnation because the Hindus believe that each person has many lives and what a person does in each life determines what he or she will be in the next life.

Answer:

Karma is like when you did something good or bad it will come back to you Reincarnation on the other hand you doe you will be reincarnate to deez

Which of the following pairs represents complementary products?( i give give a brainlest)



televisions and DVD players


oranges and apples


hats and gloves


gas and cars

Answers

Answer:

actually I'm thinking of the wrong definition

it would be  dvd and tv and gas and car, because you can  connect the dvd player to the tv to enhance its features, and a car needs gas to run so maybe A and D

not this maybe

it seems to me it would be oranges and apples

as they are different but equally the same, both fruits and healthily for you

and Maybe hats and gloves, their for different parts of the body but used for the same function keep worth (or just used to avoid blisters) is my guess

Which factor best explains why the Andes Mountains are located on the equator but also have a cold climate?

Proximity to the Pacific Ocean
Proximity to the Pacific Ocean

The El Niño Effect
The El Niño Effect

High elevation
High elevation

Location near the equator

Answers

Answer:

The high elevation is the factor that explains why the majority of the Andes are located at and around the Equator but they have a cold climate.

Explanation:

The first option is not correct because the Pacific Ocean doesn't bring cold weather conditions to the Andes.

The second option is not correct because El Nino is responsible for the cold climate in the Andes, instead, it brings higher temperatures.

The third option is correct because the Andes are very high, the highest mountain range in the Western Hemisphere, and among the highest in the world, so naturally, with such high elevation the climate is colder.

The fourth option is not correct because their location near the Equator increases their temperature, not making it colder.

Which of the following countries did not have one of the Seven Ancient Wonders of the World?
A. Greece
B. United States
C. Egypt
D. Turkey

Answers

Answer:

B. United States

Explanation:

The United States is the country without one of the Seven Ancient Wonders of the world.

The seven ancient wonders of the world are;

The Great Pyramid of Giza found in Cairo, EgyptThe Hanging Gardens of Babylon, IraqThe Statue of Zeus at Olympia, GreeceThe Temple of Artemis at Ephesus TurkeyThe Mausoleum at Halicarnassus TurkeyThe Colossus of Rhodes in GreeceThe Lighthouse (Pharos) of Alexandria, Egypt

We clearly see that non of these wonders can be found in United States.

Out of all the countries in the options, the one that did not have one of the Seven Ancient Wonders is B. the United States

Some of the Ancient Wonders include:

Colossus of Rhodes ⇒ Greece Great Pyramid of Giza ⇒ Egypt Temple of Artemis ⇒ Turkey

There was no ancient wonder to the found in the United States unlike the other options which might be because the U.S. did not house any of the foremost ancient civilizations.

In conclusion, option B is correct.

Find out more on the ancient civilizations at https://brainly.com/question/793824.

the western part of Africa is passed by GM true or false​

Answers

Answer:

true

Explanation:

the Gambia officially the Republic of the Gambia, is a country in west African

- Why does air pressure change with altitude?

Answers

Answer:

Atmospheric pressure decreases as the height of a surface above ground level increases. This is because, as the altitude increases: the number of air molecules decreases. the weight of the air decreases.

Answer: there is more space between air molecules at higher altitudes  

Explanation:

Explain 5 ways how a country can improve it’s sustainability?

Answers

Explanation:

1. Afforestation

2. Recycle

3. Chemical Management

4. Developing work policies

5. Water and electric conservation

Hope you like it

Which two situations would most likely cause cultural diffusion?

Answers

Answer:

An example of forced diffusion would be taking Africans from their home to become slaves. An example of cultural diffusion with negative effects would be the spread of diseases, like AIDS , Bubonic Plague and Smallpox. Christianity started in Israel and has spread all over the world.

Explanation:

6. Which of the following is/are used to classify a star based on its temperature and luminosity?
A. Line spectra
B. Parallax measurements
C. Blackbody spectrum
D. Hertzsprung-Russell diagram

Answers

Answer:

A. Line spectra

Explanation:

Answer: It is Hertzsprung-Russell Diagram I believe

Explanation:

The image shows a portion of the periodic table. Which two elements have similar characteristics?

oxygen, fluoride, neon, sulfur, chlorine, and argon

A. neon and fluorine
B. chlorine and sulfur
C. fluorine and chlorine
D. oxygen and chlorine
E. argon and fluorine

Answers

Answer:

C. fluorine and chlorine

Explanation:

Fluorine and chlorine are the elements among the given choices that will show similar characteristics.

The reason for this is that elements in the same group show similar chemical behavior.

Fluorine and chlorine are both halogens. They belong to the seventh group on the periodic table. Hence they have 7 electrons in their valence shell. This accounts for the similar chemical behavior and predictable physical characteristics they show.  

Answer:

c

Explanation:

Match the term in column 1 to the description in column 2 gender empowerment measures- the number of people who do not enjoy the average quality of life. life expectancy-the value of the entire economy. gross domestic product- defines women's share of political and economic power. human poverty index- determines how long people live on average

Answers

Answer: Please see explanation column for answer.

Explanation:  Matching the right term to the right description include:

1.The number of people who do not   the average quality of life-Human poverty index

2. The value of the entire economy--Gross domestic product

3.  Defines women share of political and economic power-(Gender)Empowerment measures

4. Determines how long people live on average - Life expectancy

Answer:

Yea what he said

Explanation:

I did it and got it right

PLZ HELP ME I NEED THE ANSWER IDK WHAT IT IS!!!!!!!!!
San and Francisco want to help cut back on the large levels of air pollution in their city. Which of the following steps should they take?

A.use public transportation systems less often


B.drive her personal car as often as possible to help raise emissions


C.try to use her city’s bus system more often


D.purchase a less fuel-efficient vehicle

Answers

Answer:

use public transportation system less often

The growing political and economic influence of the European Union, the spread of American popular culture and political ideals, and the influence of the Internet are all examples of the __________ of global culture.
A.
westernization
B.
easternization
C.
socialization
D.
democratization

Answers

A) Westernization is the correct answer

Answer:

A) Westernization

which term used to describe a cell membrane means that the membrane contains different kinds of molecules?
a. bilayer
b. mosaic
c. phospholipid
d. fluid

Answers

C, this class is also very fun!!! :)

From 1630-1890, new land was created in the city of ________ and Back Bay.
A. Boston
B. Chicago
C. New York
D. Los Angeles

Answers

Answer: A) Boston is the answer.

Newland was created in the city of Boston by filling nearby bodies of water, including mill pond and Back Bay.

3. Which foundation drawing matches this orthographic drawing?

Answers

It is c, please give brainliest

What were the land and climate like in the Middle Colonies?

Answers

Answer:The Middle colonies spanned the Mid-Atlantic region of America and were temperate in climate, with warm summers and cold winters. Geography ranged from coastal plains along the coastline, piedmont (rolling hills) in the middle, and mountains farther inland. This area had good coastal harbors for shipping.

Explanation:

Much of southern Arizona lies in the Sonoran Desert. There's hardly any surface water, but the warm climate attracts a growing population, and the region's cities have ballooned. Here, you can see suburbs of Tucson sprawl to the foot of the Catalina Mountains; intense watering keeps the golf courses green. How is this sustainable?

Answers

Answer:

There are 350 species of birds, 20 amphibians and 100 reptile species which shows the biological diversity of this region.

Explanation:

Sonoran desert is located on the border between the USA and Mexico and is the hottest desert in Mexico and has an area of 260,000 km sq. The largest city in the desert is a phoenix, the desert has various parks and conservation areas that facilitate the wildlife and are made for research purposes.  Most of the plants of this area have evolved specialized mechanisms, to adapt to the climate of the region.

can someone help please

Answers

Answer:

Water Cycle

Explanation:

I have had that question before

I confused which one is it BIRTH or INMIGRATION? BRAINLIEST to whoever gives correct answer!

Answers

Answer:it’s inmirrational

Explanation:

Answer:

I believe your answer would be Immigration

Explanation:

Genes get passed down when organisms have birth, but organisms immigrate areas means that that there is more variation and biodiversity. Please tell me if this is wrong.

What were the major ideas in Math, Science & Technology that occurred in the Islamic Caliphates 700 A.D - 1200 A.D ?

Answers

Answer:

Muslims restored the old irrigation system and designed new ones. They built dams and aqueducts to provide water. Astronomy aided navigation for purpose of trade and travel. Muslim scientists adapted and perfected the compass and astrolabe. zero comes from an Arabic word meaning something empty.

5. This type of architecture is common in the city of San Antonio. What might a geographer conclude
about the cultural character of San Antonio based on this architecture? (5A)
A The spread of religion shaped culture in the area.
B Many cultural groups have migrated to the area.
C Spanish cultural influences are common in the area.
D Newer buildings are being constructed in the area.

Answers

Answer:

It's C. Spanish cultural influences are common in the area.

Explanation:

Spanish cultural influences are common in the area of architecture is common in the city of San Antonio which might a geographer to conclude the cultural character of San Antonio based on this architecture. The correct option is C.

What is the culture in San Antonio?

Hispanic culture is heavily reflected in the food, entertainment, and festivities that Texans partake in. Hispanics were among the first settlers in Texas, and Texas is still shaped by its history. The best place to experience a Hispanic culture is San Antonio, which is home to many Mexican American cultural attractions.

Our city is San Antonio. We also have a vibrant Hispanic culture. Every aspect of Alamo City is influenced by our Hispanic heritage, including our events, cuisine, shops, art, and architecture. Spain established a presence in the New World more than 300 years ago and dispatched missionaries to settle among the indigenous peoples.

Thus, the ideal selection is option C.

Learn more about San Antonio here:

https://brainly.com/question/16226402

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If y and 150 form a linear pair , then y ? Use the information from the balance sheet and income statement below to calculate the following ratios:a. Current Ratio b. Acid-test ratio c. Times interest earned d. Inventory turnover e. Total asset turnover f. Operating profit margin g. Days in receivables h. Operating return on assets i. Debt ratio j. Fixed asset turnover k. Return on equityBalance Sheet ASSETS Cash $100,000 Accounts receivable 30,000 Inventory 50,000 Prepaid expenses 10,000 Total current assets $190,000 Gross plant and equipment 401,000 Accumulated depreciation (66,000) Total assets $525,000 LIABILITIES AND OWNERS' EQUITY Accounts payable $90,000 Accrued liabilities 63,000 Total current liabilities $153,000 Long-term debt 120,000 Common stock 205,000 Retained earnings 47,000 Total liabilities and equity $525,000 Income Statement Sales* $210,000 Cost of goods sold (90,000) Gross profit $120,000 Selling, general, and administrative expenses (29,000) Depreciation expenses (26,000) Operating profits $65,000 Interest expense (8,000) Earnings before taxes $57,000 Taxes (11,970) Net income $45,030 pls tell meeeeeeeeeeeeee In the French language, do they use 'have' for obligations as in English? For example, I have to do it. J'ai le faire. Which term is coefficient of 1? Which is the correct ratio of Carbon Hydrogen Oxygen found in a carbohydrate? 2:21 1:1:2 0212 121 Which of the following best summarizes how hamlet describes life.. 500 gram of flour added with 1L of water anong lalagyan o bottle magkakasya ang 500gram of flour ang 1L of water Kevin bought 15 chicken wings for $31.50. How much would it cost for 7 wings? why is it important that the heart and lungs kept healthy why does the universe hate me? help please i'll love you forever thanksssss . *btw i am going to post a lot of questions if you answer & explain I'll give you brainliest each time .*Isabella noticed that when she doesn't study for a test, on average she makes a 45. Isabella also realizes that for every hour she studies, on average she scores an additional 7 points. Which of the following represents g, get average test score she studied for h hours?a. 7-5h=gb. 7+5h=gc. 45+7h=gd. 45-7h=g What is the meaning of time recovering Hurry Please) Can someone please see which one I got wrong. It says I got 4 out of 5. Brainlest Answer Should the government be allowed to restrict our fundamental freedoms if a life isat stake? Explain why thats the answer. World War I Section 1 10 of 2110 of 21 Items Item 10 This chart shows the factors that caused one event in United States history. Which event in United States history was caused by the factors in this chart? American Revolution American Revolution Civil War Civil War Spanish-American War Spanish-American War World War I helppp plzzzzwhat is the relationship between atmospheric pressure and the density of gas particles in an area of decreasing pressure?A. as air pressure in an area decreases, the density of the gas particles in the area increases and decreases in an alternating pattern.B. as air pressure in an area decreases the density of the gas particles in the area increase.C. as air pressure in an area decreases, the density of the gas particles in that area remains constant.D. as air pressure in an area decreases the density of the gas particles in that area decrease. Describe the painting styles of the dutch golden age plsss help!!!!! I'll give u brainlest and 10 points The graph shows the cost C in dollars of W pounds of blueberries a proportional relationship. select all the true statements A 1 pound of blueberries cost $2.75 B 2.75 pounds of blueberries cost $1C 5pounds of blueberries cost $15D 12 pounds of blueberries cost $33E The point (3,9) is on the graph of the proportional relationship