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Tagged with oil price-level
2 questions
8
votes
2
answers
640
views
What benefits do OPEC countries obtain by cutting oil supply?
It is unclear to a economic novice like me why OPEC is not cutting down production and raising oil prices. I have read several journalists commenting upon this on the internet but perhaps an economist ...
user1445
8
votes
3
answers
735
views
What is the impact of fracking on oil prices?
I read an article about the recent fall of gas prices in the US claiming that the fall in gas prices was due to the expansion of fracking within the US. The article said that, over the past few ...
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