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

What landforms are created by the friction tectonic plates pushing up against one another

Answers

Answer:

Deep ocean trenches, volcanoes, island arcs, submarine mountain ranges, fault lines, ETC.

Explanation:

A structural limit where two plates are advancing toward one another. In the event that the two plates are of equivalent thickness, they ordinarily push facing one another, shaping a mountain chain.

7. There are 4,000 common minerals found in the Earth.
A. true
B. false

Answers

Answer:

It is not true so it has to be false

Identify a counterexample: If the sum of two integers is even, then both the integers are even
6+ 10 = 16
3+9 = 12
14 + 9 = 23
none of these

Answers

Answer:

3+9 = 12

Explanation:

A "counterexample" is an example that shows the falseness of a statement.

Among the choices above, 3+9 = 12 is the ideal counterexample. Its sum is an even integer (12); however, its addends are odd integers (3 and 9). So, this goes against the statement above.

The first choice (6+10 = 16) is clearly not a counterexample, but an example of the statement. The second choice (14+9=23) is not a counterexample because its product is an odd integer, not an even integer. The statement is referring to the condition of an even integer for an answer.

what happens
to a column of air in a
mercury barometer?
If the tentperature rises ?​

Answers

Answer:

As the temperature rises the column of air inside the barometer , the molecules move faster and the increased velocity causes more collisions among the air molecules. Hence more force is exerted on each molecule and causes air pressure to increase.

There are still 350 isolated indigenous groups in what section of the Americas?

Answers

Answer:

There are still 350 isolated indigenous groups in the Amazon.

Explanation:

In the past few centuries, the indigenous populations around the world, including the Americas, have suffered great losses. This has been due to the colonization, forced marriages, forced assimilation, or even genocides. Some indignous people have been luckier than others, and they have managed to survive as such until modern times.

The majority of these tribes in the Americas are located in the Amazon. The reason is simple, it is a huge area that is offering everything they need for survival, but stops the modern civilization from reaching and influence them. It is estimated that around 350 indigenous groups live in this area, though there is every chance that there are more, considering that it is small populations in question which are extremely hard to be found or contacted.

What is the HELIOCENTRIC model of the solar system?

Answers

Answer:

The heliocentric model of the solar system is the one that suggests that the sun is in the center of the universe and everything revolves around it.

Explanation:

There have been few models throughout history when it comes to the arrangement and hierarchy of the objects in space. Most of them have been wrong, though they have persisted for a very long time. Some, like the heliocentric model, got some basics right, but it still had some mistakes which from today's perspective are big ones.

The heliocentric model suggests that the Sun is the center of the universe, with all other objects in space orbiting around it. Now, it did guess right that the planets in the solar system revolve around it and that it is in the center of it, but it made a big mistake by putting the Sun in the center of the universe, not just the solar system. Not just that the Sun is not in the center of the universe, it is not even close to the center of the galaxy in which it is, nor it is the largest object or the one with the biggest gravity so that it attracts everything around to revolve around it.

The global pattern of gender inequality index scores is similar to the expected pattern of countries by level of economic development, with the exception of a few countries such as
(A) South Africa, Australia, and New Zealand
(B) Japan, Spain, and Canada
(C) Venezuela, Syria, and Iraq
(D) Brazil, Libya, and China
(E) Mexico, Argentina, and India

Answers

C. venezuela, syria, and iraq

The countries that seem to be exempt from the trend described are (D) Brazil, Libya, and China.

Gender Inequality and Economic development. These variables are negatively correlated. Countries with low gender inequality usually see high economic development.

Libya and China are not yet completely developed countries and yet have high rates of gender equality which goes against the trend described.

In conclusion, option D is correct.

Find out more on gender equality at https://brainly.com/question/1692144.

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:

what is authority?
a. forced control over others.
b. any form of power.
c. a military-controlled state or country.
d. power that is recognized as legitimate.

Answers

Answer:

its b

Explanation:

hope it helps sorry if its wrong

B. Any form of power I hope that’s the right answer

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.

Which of the following social groups exists in all known cultures?

Answers

Answer:

Types of social groups contain the following:

- Families

- Companies

- Friends

- Clubs

- Local fraternities and sororities

- Clubs

- Religious societies

Explanation:

I hope that this has helped! :)

complete the sentence about igneous rock.

when a rock turns into (sediment, magma, calcite), all of the material it contains is destroyed and melted by extreme heat. for this reason, igneous rocks don’t contain any (minerals, fossils, crystals)

Answers

When a rock turns into magma, all the material it contains is destroyed and melted by extreme heat. for this reason, igneous rocks don’t contain any fossils.

What is rock?

The term rock refers to the part of the solid surface. The rock is the collection of these cemented mineral grains. The rocks are small and bigger. The small rocks are also known as pebbles. The type of natural resource is rock. The rocks are used for making the building.

According to the geology, igneous rock are the turns into the destroy melted by extreme heat, mostly into the side of the volcano.  The magma rock crystal is cooled slowly and the change the solidification. The main reason igneous rocks are not to the change of any fossils. The magma rock also to represent the molten rocks.

As a result, the rock turns into magma and don’t contain any fossils.

Learn more about on rock, here:

https://brainly.com/question/19930528

#SPJ5

types of transformation

Answers

Answer:

Translation, Rotatio, Reflection, and Dilation.

Explanation:

There are four main types of transformations: translation, rotation, reflection and dilation. These transformations fall into two categories: rigid transformations that do not change the shape or size of the preimage and non-rigid transformations that change the size but not the shape of the preimage.

Which materials are moved by runoff? A. nutrients B. vegetation C. large rocks D. paved surfaces

Answers

Answer:

Vegetation

Explanation:

Just took the test. Your welcome. :)

Vegetation is moved by runoff.

Which materials are moved with the aid of runoff?

Runoff is the portion of precipitation on land that ultimately reaches waterways, often with dissolved or suspended fabric. Erosion is the process through which sand, silt, rocks, and sediment are moved from one place to other. Water is the maximum powerful agent of abrasion.

Which function may additionally shape due to erosion associated with runoff?

Rill erosion describes erosion that takes place as runoff develops into discrete streams (rills).

Learn more about runoff here https://brainly.com/question/2165740

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3. Mountains are most often associated with what type of plate boundary? 4 points
Transform
Convergent (subduction)
Convergent (collision)
Diergent

Answers

Answer:

Convergent (collision)

Explanation:

Mountains are most often associated with convergent (collision) margins.

Convergent margins in which there is a collision occurs between two crusts that have nearly the same density. This is usually the case with continental - continental crust collision.

Along these margins, instead of subduction, a mountain-building process occurs.  As they collide with one another, they grind against one another and pull up. This leads to the formation of mountains. One very prominent example is the Himalayas.

How tall is the tallest building

Answers

Answer:

At 2,716 feet, the Burj Khalifa in Dubai has reigned as the world's tallest building since 2010.

Explanation:

Answer:

Burj Khalifa -2,716 feet

Explanation:

Google is free lol

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!!! :)

Ruling families in classical China were known as
A kingdoms
B dynasties
C royalties
D empires

Answers

The answer is B. Dynasties

Answer:

Dynasties

Explanation:

I just learned this on Edge not so long ago and i ca give you examples like the Qin Dynasty The Zhou dynasty and etc...

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

What state is west of Georgia?

Answers

Answer:

Alabama

Explanation:

Answer:

Alabama

Explanation:

West = Alabama

North = Tennessee / North Carolina

South = Florida

Hope this helps! <3

can someone please help me

Answers

Answer:

The services which are probably in greatest demand in Mexico today are child care and educational services.

Why are improved old age pensions such an important part of India’s policy?

Answers

Answer:

Pension improving is always a good thing because without it we would have thousands of people who would be unable to retire and have to work until they are dead.

Explanation:

A large city that is often the center of a state or empire is called a __________.
A.
county
B.
village
C.
kingdom
D.
metropolis

Answers

Answer:

Correct answer: D. Metropolis

Explanation:

I took the quiz on edge 2020 and D was correct

Find m∠ABC if m∠ABC =4x + 9 and m∠EBD = 7x - 9

Answers

Answer:

7x - 9

Explanation:

- Which region is globally significant because of its strategic location, its major oil reserve
and its historic importance as the birthplace of three major religions?

Answers

Answer:

The region in question is the Middle East (Southwest Asia).

Explanation:

The Middle East is a region of great importance, both historically and in the present. The importance of this region can be seen in its strategic location, oil, and gas reserves, as well as being the birthplace of three major religions. Unfortunately, all of these things have also been the reason for continuous conflict.

The location of this region is so important strategically because it is the region that connects Europe, Asia, and Africa. The oil and natural gas reserves are among the highest in the world, meaning it is a center of the global economy.The Judaism, Christianity, and Islam, have all arose in this region, making it a whole area for billions of people.

What is the name of the tectonic plate that is located at 50 N and 90 E?

Answers

Answer:

Eurasian plate.

Explanation:

The Eurasian plate is the tectonic plate that includes most of Europe, Russia, and Asian landmass. It a large continental plate and was part of the supercontinent Pangaea. It has an area of 67,800,000 km sq. and moves in a southward direction.

what most influenced the climate of Death Vally ?

Answers

Answer:

The basin rests 282 feet below sea level, and lets in the hot sun to creep into the valley, while getting very little rain.

So I would say, the amount of precipitation or temperature has the biggest effect.

*I do not know for sure, I just took a shot at it

The map of Native Peoples of North America (c. 1600) compared with the current map of the United States of Canada shows that native
peoples lived primarily in what is today called....
A. United states
B. Canada ​

Answers

Answer:

The Native people in 1600 lived primarily in what is today the United States.

Explanation:

A is correct because the population of Native people in what is today the United States greatly surpasses the population in what is today Canada, and this has been due to better living conditions, such as climate, water supplies, fertile soil...

B is not correct because Canada's population of Native people has been significantly smaller, and this has been mostly because of the harsher living conditions.

Greenhouse gases are ___?
A. gases that release heat
B. gases that hold in heat
C. gases that create carbon dioxide
D. gases that consume carbon dioxide

Answers

Answer:

Answer is A

Explanation:

Answer:

C. gases that creat carbon dioxide

Explanation:

I think hopefully this helps.

We can use this map’s compass rose and scale for the 48 contiguous (Connected) states but not Alaska and Hawaii. Why not? Why are those two states pictured off to the side and in separate boxes?

Answers

Answer:

A US map's compass rose would not apply for Alaska and Hawaii because they are physically detached from the mainland US territories.

Explanation:

The territory of the US is mostly located in one area, bordering Canada in the north, Mexico, and the Gulf of Mexico in the south, Pacific Ocean on the west, and the Atlantic ocean on the east. And while this is the case for the majority of the territory or rather federal states, there are two that are located elsewhere. These two territories are actually not physically connected to the rest of the US territory.

The two territories in question are Alaska and Hawaii. Alaska is located in the northwest of Canada, so putting it on a map as it is will require including Canada as well, and that is not practical at all. Hawaii, on the other hand, is a chain of islands in the central part of the Pacific, and in order for it to be put on a map as it is will require including at least a quarter of the largest ocean in the world, which again would make much more problems than help in anything.

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