In the Spring of 2016 There Was a Severe Forest

Multiple Choice

In the spring of 2016 there was a severe forest fire in Alberta, which forced the evacuation of Fort McMurray and the shut down of many oil sands operations.As a result, there was less crude oil produced in Alberta than normal.At the pre-fire equilibrium price (i.e., at the initial equilibrium price) , we would expect to see

A) a surplus of gasoline.
B) the quantity demanded equal to the quantity supplied.
C) a shortage of gasoline.
D) an increase in the demand for gasoline.