Based on the short video what are the two factors that are considered to influence the increases in the price of oil that were experienced in 2007 and 2008?
Globally speaking, what are some factors that you can identify that have contributed to the sharp increase in oil prices that we have experienced over the last 3 months?
Which one of those factors do you think would have the strongest relationship with oil prices?
Do you think that any of the factors that you identified have a strong relationship with each other as opposed to only the price of oil? If so, name two of the factors that you identified that would have a strong relationship with each other.
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