During 2015, the global oil price dropped sharply because demand and supply conditions changed. One of these changes was the introduction of a new extraction technique known as fracking. Which event would not have helped cause the price fall?
- AChina’s growth slowed leading to lower oil imports.
- BSaudi Arabia increased the volume of its oil supplies.
- CUK protest groups prevented the introduction of fracking projects.
- DUSA became more self-sufficient in oil due to fracking and reduced imports.