Despite the approach of winter, oil prices to industrial : GMAT Sentence Correction (SC)
Check GMAT Club Decision Tracker for the Latest School Decision Releases https://gmatclub.com/AppTrack

 It is currently 24 Feb 2017, 14:51

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Despite the approach of winter, oil prices to industrial

Author Message
TAGS:

Hide Tags

VP
Joined: 26 Apr 2004
Posts: 1218
Location: Taiwan
Followers: 2

Kudos [?]: 626 [0], given: 0

Despite the approach of winter, oil prices to industrial [#permalink]

Show Tags

14 Jul 2004, 09:21
00:00

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 0 sessions

HideShow timer Statistics

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

the answer is (B), but why not (A), a mild winter which is a not especially severe?
thanks
If you have any questions
New!
Manager
Joined: 08 Jun 2004
Posts: 245
Location: INDIA
Followers: 2

Kudos [?]: 9 [0], given: 0

Show Tags

14 Jul 2004, 10:37
the ans here is quiote confusing but let me try....

B is certainly not the ans cos it is way out... of the scope...''long term ' forecasts perdict mild winter'' remeber ''long'' term we don't know when it is going to be now or after....

B has an unknown and hidden assumption that can be onlt got by a very CRITICAL mind and certainly mine is not as critical....

reasoning ''now when there is a severe winter the OIL prices have not Increased... so imagine that the natural gas prices have .... then what wud U do if U were a smart guy U wud immediately buy oil cos its prices have remained still and then use it for ur industrial use....so there is no point in Increasing the prices of natural gas cos the whole customer base is going to shift to OIL...now we have a VERY SEVERE winter and the OIL prices HAVE RAISED ... the natural gas prices too ahve the chance why cos the Industrial customers will now have to purchase the natural gas cos the OIL prices have Inceased ...''

Hence b'cos the natura gas users can easily have their way by sustituting the product for OIL... only when the winter gets severe which might help an increase in the price of oil that the price of natural gas has a chance to go higher...

hope that helps !

Have fun
_________________

the whole worldmakes way for the man who knows wer he's going... good luck

Manager
Joined: 02 Jul 2004
Posts: 218
Followers: 1

Kudos [?]: 9 [0], given: 0

Show Tags

14 Jul 2004, 23:23

B shows that the price for gas SHOULD remain low, otherwise the industry will switch to cheap oil
Manager
Joined: 20 Jun 2004
Posts: 171
Location: Noida, UP
Followers: 2

Kudos [?]: 29 [0], given: 0

Show Tags

15 Jul 2004, 08:20
somehow found it easy. The prices of natural gas would rise only if it has no alternative. If NG users can switch to oil, the prices of NG cannot rise.
Senior Manager
Joined: 07 Oct 2003
Posts: 353
Location: Manhattan
Followers: 2

Kudos [?]: 20 [0], given: 0

Show Tags

15 Jul 2004, 09:01
I too thought it was a tough one
came down to B and E

B portrays oil and gas as substitutes, hence if price of gas goes up, consumers will swich over to oil
SVP
Joined: 16 Oct 2003
Posts: 1810
Followers: 5

Kudos [?]: 139 [0], given: 0

Show Tags

16 Jul 2004, 11:16
I did not understand the question. Can someone please explain me what it is tryinh to ask.
16 Jul 2004, 11:16
Similar topics Replies Last post
Similar
Topics:
14 As a result of the increasing volatility of oil prices, 12 29 Oct 2015, 16:41
3 Heating-oil prices 5 17 Nov 2011, 13:51
Heating-oil prices 0 10 Sep 2016, 13:08
Despite the money that has been invested by industry in the 10 24 Nov 2007, 00:53
SC - Price of Oil - industrialized nations 10 25 Sep 2007, 19:53
Display posts from previous: Sort by