Choose any news article from a major, credible news source on either crude oil prices or refined pro
Question: Choose any news article from a major, credible news source on either crude oil prices or refined products that focuses on the economics of energy. Utilizing the concepts developed in the course so far, analyze the economic content of the article. Your analysis needs to define the economic concept (e.g., supply, demand, response, market power, etc.) and then develop the analysis utilizing the concept. For example, you might find an article that discusses changes in oil price brought about by the potential reduction in oil exports from Russia. An analysis (depending on the price change in the article) could be tied to changes in expectations, which increases current demand for oil, shifting demand to the right, increasing the price of crude oil (all else equal). Please include a pdf of the article in your submittal. (10)
Type of Deliverable: Word Document
