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29 April, 10:40

The discovery of a new oil field in North Dakota would most likely have which effect on the United States?

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  1. 29 April, 13:36
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    The discovery of oil in North Dakota will have the following effects on the country:

    There will be a further delay in the growth of the electric vehicle industry. On the other hand, the traditional vehicle industry will have a couple more years of predominance over the market. The prices of oil will probably drop. As a consequence, prices of gasoline will suffer a reduction as well. To the benefit of the users of traditional fossil fueled vehicles. The country as a whole will further delay its efforts to reduce its CO2 emissions.
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