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Among these reasons, speculation of things that may or may not happen, like a terrorist strike, is one of the leading factors. Another reason for the continued rise in prices of oil and gas is the constant growth that China is experiencing in population and energy consumption.
While each of these natural resources is often spoken of in conjunction with one another, they are very different commodities with different market drivers and uses within the economy. Supply and demand play an important role in each of the resources, but there are a myriad of other factors as well, from speculation, transportation, permitting constraints, and environmental concerns...
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Common topics in this essay:
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