THE ECONOMY (page 1)

Fuel 3

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

1. How much more oil could possibly be pumped today?

2. Which two professions do some analysts believe there is a shortage of?

3. By how much have crude oil prices increased in the last three years?

4. Historically and in real terms, when was oil most expensive?

5. How much of its oil supplies does Australia import?