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What mostly likely caused the steady increase in price per barrel of oil between 2001 and 2008

What mostly likely caused the steady increase in price per barrel of oil between 2001 and 2008
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What mostly likely caused the steady increase in price per barrel of oil between 2001 and 2008

User Shauryachats
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Answer:

demand from developing countries

Step-by-step explanation:

User Prasanth M P
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Oil has slowly depleted as an available resouce, there for the price has risen because it's scarcity.
User Jeanny
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