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All other things being equal, the higher the demand fro gasoline, the higher the price of oil. The higher the price of oil, the more money flows into outproducing countries, including the Gulf states. The more money flows into a state the more prosperous it can become. It would pollute the gulf coast plain even more and ruin the environment.
All other things being equal, the higher the demand fro gasoline, the higher the price of oil. The higher the price of oil, the more money flows into outproducing countries, including the Gulf states. The more money flows into a state the more prosperous it can become. It would pollute the gulf coast plain even more and ruin the environment.
Gasoline
The demand for gasoline would go down.
The supply and demand for diesel and gasoline (petrol) creates problems for refineries because sometimes the vehicle fleet demand does not match the product distribution produced by the refinery. If diesel demand is much higher than gasoline demand, but gasoline and diesel are produced in relatively equal amounts, then the gasoline will be oversupplied to the market. A refinery can only affect its product distribution slightly and each refinery is built to process a particular type of crude oil. Switching crude oils in a refinery requires complex analysis of metallurgy, capacity limitations, and profitability.
The Price of the gasoline with increase : D
The Price of the gasoline with increase : D
The worldwide demand for natural gas is slightly more than 150 trillion cubic feet.
The price of gasoline will increase.
the are sexy
Increase the supply or lower the demand.
Increase in expansion affect the demand because more supply/expansion with constant demand will lead to excess in expansion which affect the demand.