Economy, asked by ttgarg9619, 6 months ago

If oil executive read i the newspaper that maasive new oil supplies have been discovered under the pacific ocean but will likel only be useful in1 0 yrs what is likely to happen to supply of oil

Answers

Answered by Anonymous
0

Answer:

Not much will the supply be affected.

Explanation:

As mentioned the oil field discovered was likely to be used in no less than 10 years, so even if the oil field is occupied by any country then too it will have to first provide the infrastructure to extract oil from beneath the sea, then it will have to make an off-shore refinery for minimizing the cost of production and due to the risk of transportation of crude inside the country.

Similar questions