overall consumption increased by almost 7%
although demand fell during recent global recession, consumption rose by 7% between 2004-2010, putting upward pressure on crude oil prices. During that time, crude oil demand from North America, Europe, Korea, and Japan fell. Oil demand increased in China by 46%
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Argumentation and Debate - 49431 »Argumentation and Debate - 49431
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Taylor Bittel »Taylor Bittel
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Gas Prices Downplayed »Gas Prices Downplayed
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Federal Trade Comission (FTC) »Federal Trade Comission (FTC)
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speculative oil traders »speculative oil traders
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gasoline prices from 2005 to early 2011 »gasoline prices from 2005 to early 2011
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overall consumption increased by almost 7%
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supply-and-demand »supply-and-demand
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