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Grade Range: 8 - 11
While not specifically written for students, this introduction to the supply and demand for petroleum is a real world example of the numerous factors that can affect pump prices and make a fill-up more expensive. Secondary economics classes will have fun with this one.
In the Classroom
Assign this reading before a class discussion on the economics of gas prices. The article itself may be over the heads of some lower achieving reading students, so be sure to spend a few minutes before the discussion allowing cooperative learning groups to discuss what they read before the discussion. This would be great for an economics or government class discussion the impact of globalization on natural resources.
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Tags
oil, supply and demand, supply and demand,