Which of the following factors is NOT expected to contribute to rising oil prices over the next decade?
A) Discovery of newer and easier ways to extract oil
B) Rising demand for oil in the Global South
C) Restriction of oil supply by OPEC
D) All of these will contribute to rising oil prices.

Question

Quizplus · Accepted Answer

Discovery of newer and easier ways to extract oil is expected to decrease oil prices, not contribute to rising oil prices. Therefore, option A is the correct answer.

Which of the Following Factors Is NOT Expected to Contribute