Of all the times for the U.S. to be discouraging domestic production of oil and natural gas, right now might be the worst. Libya's descent into chaos is fueling a rapid rise in oil prices, and unrest in other oil-producing countries in the Middle East and North Africa has led some analysits to predict unprecedented oil-price spikes may be looming.
If the statements above are true, which of the following inference can be most properly drawn?
A) The oil prices at present are the highest of what they might have been in the last few decades.
B) Libya is a major oil producing country.
C) If US allows oil domestic oil production, it may be able to avoid any further price increase.
D) The oil price increases that are predicted by analysts may be larger than those in the recent past.
E) Unrest in oil producing countries in Middle East has impacted overall oil production.
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If you know what you're worth, then go out and get what you're worth. But you gotta be willing to take the hits, and not pointing fingers saying you ain't where you wanna be because of anybody! Cowards do that and You're better than that!
The path is long, but self-surrender makes it short; the way is difficult, but perfect trust makes it easy.
Fire the final bullet only when you are constantly hitting the Bull's eye, till then KEEP PRACTICING.
Failure establishes only this, that our determination to succeed was not strong enough.

Press +1 Kudos, if you think my post gave u a tiny tip.

I also went for C, but still not able to understand the reason and explanation why it is wrong.
Will reveal OA in some time.
_________________

If you know what you're worth, then go out and get what you're worth. But you gotta be willing to take the hits, and not pointing fingers saying you ain't where you wanna be because of anybody! Cowards do that and You're better than that!
The path is long, but self-surrender makes it short; the way is difficult, but perfect trust makes it easy.
Fire the final bullet only when you are constantly hitting the Bull's eye, till then KEEP PRACTICING.
Failure establishes only this, that our determination to succeed was not strong enough.

Press +1 Kudos, if you think my post gave u a tiny tip.

C is not correct as per OE I have. The official explanation from the source against C is "What the passage states is that this is a bad time for US to curb domestic production. What we can infer is that if US allows domestic production then the price increase may not be that much or not at all. But, we can not conclusively say that there will not be any further price increase."

I am not able to make out much from this particular explanation that how is author saying that , so posted it for clarifications here.
_________________

If you know what you're worth, then go out and get what you're worth. But you gotta be willing to take the hits, and not pointing fingers saying you ain't where you wanna be because of anybody! Cowards do that and You're better than that!
The path is long, but self-surrender makes it short; the way is difficult, but perfect trust makes it easy.
Fire the final bullet only when you are constantly hitting the Bull's eye, till then KEEP PRACTICING.
Failure establishes only this, that our determination to succeed was not strong enough.

Press +1 Kudos, if you think my post gave u a tiny tip.