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European exploration of the Middle East (study island)

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What events were caused by the attack on Pearl Harbor?

Pearl harbor was caused by America not sending oil and other supplies to Japan for fear they would use them against us!


What is the most likely reason that people land in Louisiana to drill for oil but not land in Vermont?

The most likely reason is that there is oil in Louisiana. Additionally it is much more level


Are steam trains environmentally friendly?

Most likely... not. They run on either coal or oil, and their efficiencies are much lower than diesel. The industrial age was known for its abundant air pollution, caused in no small part by steam engines.


Americans had to conserve oil in 1973 because of what?

an embargo from Arab countries, created shortage


Would a tariff imposed on US oil imports promote energy development and conservation for the US?

There is no straight forward Yes or No Answer for this question, Oil is a basic necessity commodity. A tariff impose on oil might decreases the demand for oil but this decrease will be very small, as oil is a necessity in a human daily life. There are alternative sources to oil which might be used more but as OIL is bought in rest of the world in US dollars an increase in oil prices domestically will not affect the Value and demand of dollar in global market but It will lead to an Increase in demand for money in local market which might lead to a higher inflation rate which the central bank might control by printing more money thus it will make US product more expensive in the global market and it might increase profits for certain industries in US. This might also lead to a higher structural unemployment in US.

Related Questions

What events was likely caused by demand for oil?

bloody price increase in petrol as usual..


Is the quotation rising oil prices have caused a sharp decrease in the demand for oil a correct statement?

yes


Can water get in oil from the intake?

It's not impossible, but more likely caused by a head gasket.


What caused gasoline to become the most important form of oil?

Gasoline is not a form of oil. It is a product of oil. The answer to that is the same as anything else. DEMAND. Don't forget that a large amount of oil also goes into making plastics.


''Rising oil prices have caused a sharp decrease in the demand for oil.'' Speaking precisely and using terms as they defined by economists choose the statement that describes this quotes?

The quotation is incorrect: An increase in price causes a decrease in the quantity demanded, not a decrease in demand.


How did the Mexican oil spill occur?

The Oil Spill in Gulf of Mexico was caused by the oil leaking from the Pipelines, it then spills from the ships, then creates smog which is a wet fog in our cities, which it then starts heating up our planet.


What caused the energy crisis in 1973?

The 1973 energy crisis was caused primarily by a combination of factors, including the OPEC oil embargo, geopolitical tensions in the Middle East, and the increasing global demand for oil. The embargo, led by OPEC in response to Western support for Israel in the Yom Kippur War, reduced oil supply and led to skyrocketing oil prices and shortages in many countries.


Are there anything you can put into your lawn mower engine to stop smoking?

the smoking is most likely caused by the engine burning oil.


What events were caused by the attack on Pearl Harbor?

Pearl harbor was caused by America not sending oil and other supplies to Japan for fear they would use them against us!


What can cause blue smoke infinity 2006 m35?

blue smoke is caused by burning of oil, oil can get into the combustion chamber through the oil and piston rings and or the valve guides would be the most likely.


How much a barrel of oil today?

The price of a barrel of oil fluctuates daily depending on various factors such as supply and demand, geopolitical events, and economic conditions. As of now, the price of a barrel of oil is around $70-$75.


Where can I find demand forecasting reports for crude oil?

http://omrpublic.iea.org/ has a general outlook on oil demand, including pricing.