Rough times for US oil refiners
Applied Topics: Supply and demand model, changes in supply and demand.
The article examines the market for oil and refined petroleum products.
Research Questions:
1. Under the supply and demand model why the price of crude oil increased.
2. Under the supply and demand model how it would have been possible for the price of gasoline to have decreased. What should have had to be done?
Supporting articles below but need an additional 3. Must have 4 economic articles as references? https://www.petroleum-economist.com/default.asp?Page=14&PUB=46&SID=723802&ISS=25538
? https://www.cnn.com/2012/02/27/opinion/whitaker-in-depth-gasoline/index.html
Research and find answers to those questions by using articles from current or past events from any major publication (electronic or print edition) to be your research references.
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