Use the Following to Answer Question(s): Demand and Supply of Gasoline

Multiple Choice

Use the following to answer question(s) : Demand and Supply of Gasoline

-(Exhibit: Demand and Supply of Gasoline) What might cause the supply curve to shift from S₂ back to the initial supply curve S₁?

A) The Organization of Petroleum Exporting Countries (OPEC) restricts the production of crude oil.
B) The Organization of Petroleum Exporting Countries (OPEC) increases the production of crude oil.
C) Americans want to buy more gas.
D) Technology in the refinement of gasoline greatly improves.