This was a question for my social studies 8th grade homework. If possible, it would be appreciated if you made your answer at least a paragraph because thats how long I have to make my response. Thanks! Why is the price of oil rising?
It is not rising; instead, it has fallen from over $140 a barrel a few weeks ago to just over $100 a barrel today. That is a significant decline - so ask your history teacher what's up with that question.Why is the price of oil rising?
its because the major oil companies are being greddy....they way they are doing things is making it alot harder to keep up with the demands and altho we havent begun to even tap our oil the tip of our stash is going to go quickly if we get to the main supply so if the companies can keep up with the demand it will lower
Becuase the world is running low.
Even if the price per barrel goes down, the gas people arent going to let it down that much.
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