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Examine the Graph Below

Question 3

Multiple Choice

Examine the graph below. Examine the graph below.   What best explains the reduction in the forecast for future world oil production shown in this graph? A)  Oil-producing nations will attempt to drive oil prices upward by severely limiting total production. B)  World demand is expected to decline as alternative energy sources like fuel cells become available. C)  The oil in known reserves will be largely consumed by 2020 with no readily available new reserves to replace it. D)  All of the above have contributed to the forecast.
What best explains the reduction in the forecast for future world oil production shown in this graph?


A) Oil-producing nations will attempt to drive oil prices upward by severely limiting total production.
B) World demand is expected to decline as alternative energy sources like fuel cells become available.
C) The oil in known reserves will be largely consumed by 2020 with no readily available new reserves to replace it.
D) All of the above have contributed to the forecast.

Correct Answer:

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