1. Based on the information from the US Energy Information Administration, create the supply and demand graph in the space below. This information is helpful for the client to know how much oil to produce.

Demand of Oil
Price per barrel	Daily quantity of barrels demanded (in millions)
$50.00	112
$60.00	107
$70.00	102
$80.00	97
$90.00	92
Source: US Energy Information Administration, 2018
Supply of Oil
Price per barrel	Daily quantity of barrels supplied (in millions)
$50.00	90
$60.00	94
$70.00	98
$80.00	102
$90.00	106
Source: US Energy Information Administration, 2018

Price	Supply	Demand