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Despite the approach of winter, oil prices to industrial [#permalink]
01 Oct 2003, 17:31
Question Stats:
100% (02:39) correct
0% (00:00) wrong based on 0 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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Senior Manager
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praet... i was just about to post same question...
i picked D.
But official answer is B. i dont know the reason. Did u figured it out...
thanks
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Re: CR : Oil Prices [#permalink]
03 Oct 2003, 16:39
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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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
_________________
Jazzy bee
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CEO
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Vicky wrote: praet... i was just about to post same question... i picked D. But official answer is B. i dont know the reason. Did u figured it out... 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
praetorian
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vote for B.
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Re: CR : Oil Prices [#permalink]
20 Oct 2003, 15:36
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.
_________________
I have 2 month for gmat.
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Re: CR : Oil Prices
[#permalink]
20 Oct 2003, 15:36
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