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Annabelle Mullen
History
22 March, 05:31
2. What caused the demand for oil to increase?
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Rylee Richmond
22 March, 05:49
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High oil prices are caused by high demand, low supply, OPEC quotas, or a drop in the dollar's value. Demand for oil and gas follow a predictable seasonal swing. Demand rises in the spring and summer due to increased driving for summer vacations. Demand drops in the autumn and winter.
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