Question
Please read these articles that discuss changes in demand and supply of particular US Gasoline, summarize key points in 3 paragraphs. use specific economic vocabulary
Please read these articles that discuss changes in demand and supply of particular US Gasoline, summarize key points in 3 paragraphs.
use specific economic vocabulary within your summary, i.e. demand, quantity demanded, determinants of demand, shifts in the demand curve, etc. Likewise with supply. Also, you should discuss changes in equilibrium quantity and equilibrium price.
Article One
https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/011822-us-gas-production-drop-colder-weather-promises-tighter-supply-higher-prices-ahead
article Two
https://www.pewresearch.org/fact-tank/2021/12/09/gasoline-costs-more-these-days-but-price-spikes-have-a-long-history-and-happen-for-a-host-of-reasons/
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