“OPEC’s oil production bobs up and down. In general, its production is lower when oil prices are low, and higher when oil prices are high. (This shouldn’t be a surprise.) Recently, its production has been lower in response to low prices. Effective January 1, 2020, OPEC plans to reduce its production by another 500,000 barrels per day.”



By Gail Tverberg - Jan 11, 2020, 6:00 PM CST Oilprice.com

Based on this passage what effects does oil have on the movement of products?

OPEC disregards changes in demand of oil and gas, therefore, consistently produces the same amount year to year.
OPEC sets production levels to meet global demand and can influence the price of oil and gas by increasing or decreasing production.
OPEC responds to global demands for oil and gas by increasing production to meet the needs of all countries.
OPEC wants to increase the number of members its organization to increase its control of oil prices.

Answers

Answer 1

Answer:

OPEC sets production levels to meet global demand and can influence the price of oil and gas by increasing or decreasing production

Explanation:

i took the test :)


Related Questions

India's fertile land and abundant water supplies are some of its most valuable resources.
A.
Mining is the most important part of the Indian economy

B.
Few of India's largest cities are located along the Ganges River

C.
Most Indians make their living through farming and other agricultural work

D.
Most Indians live in the hilly northern regions, away from the seasonal monsoons

Answers

Answer:

Mining is the most important part of the Indian economy

The Supreme Court struck down state laws in the cases of Brown v. Board of Education and Pavan v. Smith because the statutes in question a. ceded too much power to the federal government. b. denied citizens equal protection of the law. c. were too vague to be appropriately interpreted. d. violated the separation of powers.

Answers

Answer:

B

Explanation:

The state laws argued for "separate but equal schooling". It was found that the separate schools (for Blacks and Whites) were very far from equal, meaning that some of the US Citizens were denied the same liberties others got solely for their skin color.


Define the GMT. What does it help for?

Answers

Answer:

Greenwich Mean Time is the mean solar time at the Royal Observatory in Greenwich, London, reckoned from midnight.

The united States Congress is known as a bicameral legislature. Why?

Answers

Large states felt that they should have more representation in Congress, while small states wanted equal representation with larger ones. ... This created a bicameral legislative branch, which gave equal representation to each state in the Senate, and representation based on population in the House of Representatives.

The markets in the urban area that have many shops, are popularly called _________.

Answers

The answer will be anécdota

The U.S. invasion of Afghanistan in 2001 led to:

A. major terrorist attacks in the United States.

B. the total defeat of Al-Qaeda.

C. the Taliban taking control of the country.

D. many terrorist groups relocating to Pakistan.​

Answers

Answer:

D. many terrorist groups relocating to Pakistan.​

Explanation:

The U.S. launched an invasion of Afghanistan in response to the 2001 terrorist attacks perpetrated in U.S. soil by that terrorist group.

The invasion did manage to weaken the Taliban for a few years in Afghanistan, but a big part of this victories came from the fact that many taliban factions and other terrorist groups recolated to neighboring Pakistan, where they enjoyed the protection of the government.

Which of the following best describes Karl Marx?

Question 5 options:

a socialist who called for the overthrow of the capitalist system


an economist who wrote about the wealth of nations


a journalist who spent his life chronicling the poverty of Britain's industrial centers


a parliamentary leader who helped establish London's first police force

Answers

Answer:

a socialist who called for the overthrow of the capitalist system

Explanation:

he is german and not from uk and did not write the wealth of nations

Some thought that Jackson's action of firing all of the employees and replacing them with his own supporters to be extreme. What was the term they used to describe him? A Abolitionist B Dictator C Tyrant

Answers

Answer:

None, It's called the Spoils System

Explanation:

2. Answer the following questions.
y
a) How do the means of
family planning help in population management?

Answers

Answer:

The family planning is a population control measure.

Explanation:

Family planning is a measure allowing limiting birth control and improved standard of living. It gives an option in women's hand into having children and control of their fertility. In developed nations, more preference is given to living standards and higher quality of education as compared to the developing where more importance is given to the human workforce.

helpppppppp imma get a F

Answers

you just got write about what YOU feel abt eleaphants being in the war , what I will say is “ I really dislike how they use the animals in war when it’s not really they’re fault !”

How did the Mauryan Empire end?

Answers

Answer:

The Maurya empire was finally destroyed by Pushyamitra Shunga in 185 BC. Although a brahmana, he was a general of the last Maurya ruler called Brihadratha. He is said to have killed Brihadratha in public and forcibly usurped the throne of Pataliputra. The Shungas ruled in Pataliputra and central India.


Need help brainliest only plz helppp

Answers

Answer:

Distributive Policy

→ benefits a small group of people

→ uses tax revenue

→  aims to solve major societal problems

Redistributive Policy

→ aims to solve major societal problems

→ aims to improve the public good.

→ benefits a large group of people

→ uses tax revenue

Explanation:

Distributive policy is known to be the type of policy that actually gets resources through general taxation from the society but redirects the benefits of the public to a few or smaller group of people.  

This policy uses tax revenue and aimed to solve societal problems. It benefits few number of people.

Redistributive policy  is a policy that is used to improve equality. It improves the distribution of income-generating assets. It is set up in order to benefit the large number of people. Also, it has the goal to transfer wealth from one group to another so that everyone enjoys income and wealth.

What are some of the central ideas and symbols in Christianity?

Answers

Answer:

this might help you

what can you do if someone is throwing rubbish in the public place in front of your eyes? write any three words​

Answers

Answer:

tell them to pick it up

Explanation:

pick it up and throw it at them :)))) jkkk

Can someone please help me out? I’ll give out brainliest!

You don’t have to include an explanation, just rank which one you think is the most important to the least important factor that lead to the fall of the Aztec.

Answers

Answer:

Other sacrifices - disease - technology - Moctezuma's Leadership - La Malinche - Cortes's Leadership

Explanation:

social problems should be solved socially . justify this statement​

Answers

Explanation:

The solution for this problems are found in the society due to the fact that the cause of the problem is usually in the society. Only the social approach can solve this problem since its nature is social, hence all the effort on this problem should be looked at from the social perspective :)

PLEASE HELP! ANY ANSWERS WITH LINKS WILL BE REPORTED!!!! Pretend you are a monk or nun in training who has just entered a monastery. Write a letter home to your family, telling them what it is like. Do research on life in a monastery during the middle ages in Europe Tell them what you miss most about life at home.

Answers

Answer:

Dear Mother and Father, life in the monastery is different then the outside life, we pray a lot and worship our god and after we're done with that we go do chores that fit our skill set or rank, I miss not having to pray so much and the hard work here is nothing like at home, I miss you both the most though, Sincerely (Monks Name)

Guys Patulong po (Grade 9 Filipino)​

Answers

Answer:

yaa ofcourse you have to ask this question and tell to everyone

do you agree or disagree with the U.S. going to war with Mexico? Why or why not?

Answers

Answer:

If we end up losing territory, they yes

please help me answer these questions. you can answer it in the comments too .


1. Do you think it's better to raise a family in a village or in a city? Why /Why not?

2. Would you like to live close to your childhood home when
you grow up? Why? / Why not?​

Answers

Answer:

In my opinion: It is better to raise a family in a city rather than a village. If you had a child with you, they would need lots on human interaction, and living in a village would lead to small interaction. There are more things for you to do in a city with your family rather than a village.

Answer:

1. Village

2. Yes

Explanation:

1. When you raise children in a village, they can have friends within the village, and you get to know your neighbors more. It is safer, and kid friendlier.

2. Yes, because it brings back the memories of the good times I had living there. When I drive to work, it would delight me to see my house, and think of what fun I had.

What are two reasons for North Africa’s dry climate?
The Atlas Mountains create a rain shadow effect.


The oceans are too far away to provide moisture.


High pressure air systems send hot, dry air.

Answers

Answer:

The dry subtropical climate of the northern Sahara is caused by stable high-pressure cells centred over the Tropic of Cancer. The annual range of average daily temperatures is about 36 °F (20 °C). Winters are relatively cold in the northern regions and cool in the central Sahara.

Explanation:

1. The line of zero degrees latitude is the:

Answers

The line of zero latitude is the equator

Name 2 ways in which fibres are classified ​

Answers

Answer:

natural polymers and manufactured polymers.

Explanation:

Answer:

Fibres can be classified into Soluble fiber and Insoluble fiber (pls mark brainliest)

What is a key difference between Confucianism and the other Asian religions?
A.
Confucianism is NOT found in Asia

B.
Confucianism is a philosophy rather than a religion

C.
Confucianism is the only one that has a well-known founder

D.
Confucianism is NOT in any way differrent from other Asian religions

Answers

Answer:

B

Explanation:

Answer:

Confucianism is NOT found in Asia

HELP PLEASE why did Atlanta's population increase significantly after the Great Depression began

Answers

Answer:

Probably because Atlanta is a big city, so people went there to get jobs.

In which three western states are the Rocky Mountains?
Oregon
Colorado
Montana
Idaho
Arizona

Answers

idaho, montana & colorado
Idaho Montana Colorado are the states

True of false? The war was over disputed territory between the French and British in the Mississippi River Valley

Answers

Answer:

false

Explanation:

North America to the east of the Mississippi River was claimed by Great Britain or France The area had no settlements.  The French population that is 7,500 were heavily guarded along the St. Lawrence river valley, ad soak in the new Orleans and Mississippi. Due to the greed for expansion of powers, the British invaded the territory and the french had to give up the Mississippi river valley.

30
In_ , a person is
born in one of four
castes or is an
untouchable.
A. Judaism
B. Buddhism
C. Hinduism

Answers

Answer: Hinduism

Untouchable, also called Dalit, officially Scheduled Caste, formerly Harijan, in traditional Indian society

“Who are Canada’s closest allies?”

“What are some countries in which Canada has had a military presence?”

“When you locate on a map the countries that are the most common tourism destinations for Canadians, do you notice any patterns?” “What are some of the countries that are members of the Commonwealth of Nations and la Francophonie?”

Answers

Answer:

America

this is because they have a competition on their economy and have a fell of superiority

Germany is one, don’t know the rest

Do all substances transfer the same amount of thermal energy during a certain amount of time? Why or why not?

Answers

Answer:

No, not all substances transfer the same amount of thermal energy during a certain amount of time because some materials are bad heat transfers. For example, metal is a better heat transfer than wood. ... Temperature and kinetic energy relate because temperature tells how much motion is in an object.

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