Please help!! Which of these is the most likely consequence of falling petroleum prices?

Biology

1 answer:

zalisa [80]4 years ago

5 0

Answer:

The correct option is C) increased oil exploration

Explanation:

As oil exploration continues, the demand for petroleum will become more common. As a result, the price of petroleum products will decrease. As the prices will decrease, more number of people will be able to afford petroleum cars and hence, the usage of petroleum cars will be high in demand. This will cause a decrease in the demand for electric cars. More car owners will be able to afford the prices of petroleum hence there will be an increase in demand for petroleum which will reduce its price.

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