​The World Is Not About to Run Out of Oil

question 98

Multiple Choice

​The world is not about to run out of oil because we can rely more on unconventional heavy oil from depleted oil wells and other sources.However,these sources of oil will likely result in ____,higher environmental impacts,higher production costs,and higher oil prices.

• A) ​increased international conflict
• B) ​decreased production
• C) ​lower net energy yields
• D) ​greater technological input
• E) ​increased CO₂ output

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in the open market.

Retained Earnings

The portion of net income that is retained by a corporation rather than distributed to its shareholders as dividends, often used for reinvestment.

Other Comprehensive Income

A component of shareholders' equity that reflects the changes in net assets of a company not recognized in the profit or loss for a period.