Supply is the amount of good or service available for purchase by consumers.
Demand is a consumer's desire and willingness to pay for a good or services.
What I found surprising is that Saudi Araibia is the largest oil corporation. From the quiz that we took I got like 5 right. I really don't know a lot about oil. As I research about oil, things get a little more simple to understand.
Source: http://trendsupdates.com/wp-content/uploads/2009/09/peak-oil-shortage.jpg
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