flash quiz #1 oil prices - Demand for oil has been going down Global recession has effected demand Better technologies = better fuel usage Therefore the

flash quiz #1 oil prices - Demand for oil has been going...

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Demand for oil has been going down Global recession has effected demand Better technologies = better fuel usage Therefore the human race has been using less oil AT THE SAME TIME, the supply of oil has been increasing We’ve been finding a hell of a lot more oil Possible tons of oil off the coast of brazil Possible tons of oil off the coast of Australia Possible tons of oil on the artic sea Technological improvements, so you can get it cheaper, process it cheaper, and clean it up better Fracking, driven by the U.S North dokata is driving the U.S in fracking Middle eastern countries rely on oil for their income, such as iran, Russia, saudia aurabia Energy importing countries: china, all of Europe basically, japan, india,
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