The world is a diverse place and its dynamic nature varies greatly with the ticking clock. This implies that classical economic principles that explain demand and supply are being constrained and become greatly limited in explaining the exorbitant issues affecting demand and supply of the oil resource at a global scale. | The world is a diverse place and its dynamic nature varies greatly with the ticking clock. This implies that classical economic principles that explain demand and supply are being constrained and become greatly limited in explaining the exorbitant issues affecting demand and supply of the oil resource at a global scale. |