Until the United States is self - sufficient in oil production, what impact do international events have on the price we pay at the pump? Select all correct anwers. - Higher global demand creates increase in price at the pump. - Lack of an increase in proven reserves of oil fields keeps oil somewhat scarce, and prices high. - Disasters at refineries increase price at the pump. - New technologies in alternative fuels offer choices for scarce dollars. - Terrorism and wars near oil fields in South West Asia raise the cost of oil per barrel.

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Zane Zhang

1 March, 08:07

Until the United States is self - sufficient in oil production, what impact do international events have on the price we pay at the pump? Select all correct anwers. - Higher global demand creates increase in price at the pump. - Lack of an increase in proven reserves of oil fields keeps oil somewhat scarce, and prices high. - Disasters at refineries increase price at the pump. - New technologies in alternative fuels offer choices for scarce dollars. - Terrorism and wars near oil fields in South West Asia raise the cost of oil per barrel.

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Deandre Koch · Answer 1

The right answer for the question that is being asked and shown above is that: "Terrorism and wars near oil fields in South West Asia raise the cost of oil per barrel; Higher global demand creates increase in price at the pump; Lack of an increase in proven reserves of oil fields keeps oil somewhat scarce, and prices high."