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Despite the approach of winter, oil prices to industrial

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Despite the approach of winter, oil prices to industrial  [#permalink] New post 01 Oct 2003, 16:31
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A
B
C
D
E

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Question Stats:

50% (02:39) correct 50% (01:54) wrong based on 4 sessions
17.Despite the approach of winter, oil prices to industrial
customers are exceptionally low this year and likely to remain so. Therefore, unless the winter is especially severe, the price of natural gas to industrial customers is also likely to remain low.

Which of the following, if true, provides the most support for the
conclusion above?

(A) Long-term weather forecasts predict a mild winter.

(B) The industrial users who consume most natural gas can quickly
and cheaply switch to using oil instead.

(C) The largest sources of supply for both oil and natural gas are
in subtropical regions unlikely to be affected by winter weather.

(D) The fuel requirements of industrial users of natural gas are
not seriously affected by the weather.

(E) Oil distribution is more likely to be affected by severe winter
weather than is the distribution of natural gas.
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 [#permalink] New post 03 Oct 2003, 07:44
praet... i was just about to post same question... :lol:
i picked D.
But official answer is B. i dont know the reason. Did u figured it out... :idea:
thanks
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Re: CR : Oil Prices [#permalink] New post 03 Oct 2003, 15:39
praetorian123 wrote:
17.Despite the approach of winter, oil prices to industrial
customers are exceptionally low this year and likely to remain so. Therefore, unless the winter is especially severe, the price of natural gas to industrial customers is also likely to remain low.

Which of the following, if true, provides the most support for the
conclusion above?

(A) Long-term weather forecasts predict a mild winter.

(B) The industrial users who consume most natural gas can quickly
and cheaply switch to using oil instead.

(C) The largest sources of supply for both oil and natural gas are
in subtropical regions unlikely to be affected by winter weather.

(D) The fuel requirements of industrial users of natural gas are
not seriously affected by the weather.

(E) Oil distribution is more likely to be affected by severe winter
weather than is the distribution of natural gas.


I liked B - because its shows a relationship between oil and gas - not very clear though
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 [#permalink] New post 04 Oct 2003, 03:09
I think elimination helped in this question. In the end, B only remains as the best answer.

D and E are opposite
C is out of scope
A is irrelevant
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 [#permalink] New post 04 Oct 2003, 03:17
Vicky wrote:
praet... i was just about to post same question... :lol:
i picked D.
But official answer is B. i dont know the reason. Did u figured it out... :idea:
thanks



If Natural gas prices go up, People can switch to Oil ....and thus it will discourage natural gas producers to raise prices..

But it should be easy and cheap to switch from natural gas to oil...B says exactly that..


thanks
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Re: CR : Oil Prices [#permalink] New post 20 Oct 2003, 14:36
praetorian123 wrote:
17.Despite the approach of winter, oil prices to industrial
customers are exceptionally low this year and likely to remain so. Therefore, unless the winter is especially severe, the price of natural gas to industrial customers is also likely to remain low.

Which of the following, if true, provides the most support for the
conclusion above?

(A) Long-term weather forecasts predict a mild winter.

(B) The industrial users who consume most natural gas can quickly
and cheaply switch to using oil instead.

(C) The largest sources of supply for both oil and natural gas are
in subtropical regions unlikely to be affected by winter weather.

(D) The fuel requirements of industrial users of natural gas are
not seriously affected by the weather.

(E) Oil distribution is more likely to be affected by severe winter
weather than is the distribution of natural gas.


One more point. This kind of question expect a link between Oil and Gas. And only B offer this feature. :lol:
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Re: CR : Oil Prices   [#permalink] 20 Oct 2003, 14:36
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