This story has mostly positive ratings. 1 vote / No sinks

What Is Really Driving Up the Price of Oil?

Autos – Crude oil prices have increased 25% in the last three months. According to most news sources, this is a result of surging demand from China and India, and a curtailment of oil supply from Nigeria and Iraq. Although these trends are accurate,the price of oil is being affected by more than supply and demand.

Tags: economy, recession, inflation, gas, fuel

View Story Discuss (0) (recession.org) 51 days ago by emmabenout

Report