THE ECONOMY (page 1)

Fuel 2

You will hear information about oil and the economy. Listen and answer the questions.

1. How much more oil is China importing this year than last year?

2. Which country is the biggest consumer of oil?

3. Is oil demand in the US now higher or lower than in the past?

4. What is affecting oil supplies in the Middle East?

5. Why is world production close to capacity?