What Are Three Things That Might Cause Oil Prices To Increase? There are three main factors that commodities traders look at when developing the bids that influence oil prices. These are the current supply, future supply, and expected demand. What causes the rise in oil prices? Why are oil prices rising? It is likely that
What Would Happen If The Demand For Oil Increased? Oil price increases can also stifle the growth of the economy through their effect on the supply and demand for goods other than oil. Increases in oil prices can depress the supply of other goods because they increase the costs of producing them. What will happen
Does The Government Regulate Oil Prices? The US has both federal and individual state agencies that regulate certain aspects of oil and gas production. Neither the US Federal Government nor the individual states have established a comprehensive energy policy to manage their energy resources. Does the government regulate oil? Federal, state, and local governments each