Multiple choice

It is predicted that the consumption of petroleum products will not continue to increase. A number of individual consumers in oil importing nations are decreasing their use of oil-related products. Even so the total quantity of oil exported from the oil producers has been increasing steadily.

Which of the following resolves the paradox in the above argument?

  1. Conserving oil reserves is not a priority in many countries.

  2. Several nations are working on major oil devouring projects.

  3. Some nations hoping to decrease their dependence on oil by use of alternative fuels have not yet succeeded in their attempts.

  4. Nuclear energy as a viable resource is yet to take roots.

  5. Oil producing countries have not set a limit to the quantity of oil exported.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

There is steady increase in supply in spite of cut in consumption by individual consumers. This option offers another reason for the increased consumption and thus the increased export of oil.

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