Needs to have two summaries from articles relating to Economics. Please write two paragraph...

Question

Needs to have two summaries from articles relating to Economics. Please write two paragraph summarizing the articles - then write a third paragrap explaining how the articles are related to economics. Please attached the copies of the articles for the summaries.

You can choose any article from the following:

News Week

Time

Business Week

Economist

Wall Street Journal

New York Times

Robert · Accepted Answer

http://www.nytimes.com/2012/11/24/business/economy/oil-supply-is-rising-but-demand-keeps-pace-and-then-some.html?_r=0
There was a time when a rise in oil prices was considered’ normal’ as supplies were limited and demand was unlimited due to growth aspirations of nations. This trend is now likely to change.  ‘The International Energy Agency forecasts that demand for oil will rise in the developing world over the next quarter-century. But demand is likely to fall in the developed world, particularly if countries adopt conservation policies’. This article tells us that US oil production is rising, while its demand is slowing due to conservation efforts. Clearly US can reduce its dependence on imports of oil in the future. By 2020 US can be the world’s largest supplier, surpassing Saudi Arabia.
It must be noted that oil price is based on demand in the whole world rather than US demand alone.

Needs to have two summaries from articles relating to Economics. Please write two paragraph summarizing the articles - then write a third paragrap explaining how the articles are related to economics....

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