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Circumstances described in the article

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Write a 2-3 page essay based on the circumstances described in the article. Assume that you are the owner of a small oil and gas exploration and production company. Given the circumstances in the article, would you cut production? cut exploration? increase production? increase exploration? some combination of these options? another option? and tell me why you decided to do whatever you decide. Project a short term look and a long term look for your business and tell me what you would do and why. There is no right or wrong answer. I'm looking for ability to gather data or research if necessary, analyze the data, reach logical conclusions, and recommend actions. Have funbeing the owner!

Attachment:- article_oil_prices__whats_behind_the_drop__simple_economics.html_.zip

Reference no: EM131138351

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