Question

A representative of the Organization of Petroleum Exporting Countries (OPEC) would be concerned with the price of:

Group of answer choices

wheat

coal

oil

gold

Answer 1

Oil

Explanation:

Because the OPEC aims to regulate the supply of oil in order to set the price on the world market**

Answer 2

Answer:

Oil

Explanation:

OPEC aims to regulate the supply of oil in order to set the price on the world market. The arrival of fracking technology for natural gas in the U.S. has reduced OPEC's ability to control the world market.