Since the last recession interest rates have been very low. Also it is generally known that we are close to major breakthroughs in solar energy and battery storage technology. How would these two factors impact the price of oil today?
A. The first factor will decrease the price of oil today and the second factor will tend to increase the present price.
B. Both factors will work to decrease the price of oil today.
C. The first factor will increase the current price of oil and the second factor would tend to decrease oil prices today.
D. Both factors will work to increase the current price of oil.
Answer: C
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