Problem
In the year 2020 the world supply of oil peaks and production continues for the next decade at that level. If the price of oil is $80 a barrel in 2020 and worldwide demand rose by 50 percent over the next decade, about how much will the price of oil be in 2030?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.