Oil Production

How to put to enable the already over supplied market is likely to be short-lived due to the rising production of oil by non OPEC member who are motivated to produce more oil and sell it. at the current lucrative prices it is therefore, clear that elasticity of supply of oil is becoming more elastic age its price Rises. for many records charges in the price of oil have had an an noticeable effect on the community particularly since there is no no close substitute for oil. wheel we can cut the demand for oil at the personal level using begin. ways such as keeping our vehicle tries well in selected using public transport and combining car trip as such options are not always practical.