Monday, August 26, 2019
Writing assignment Example | Topics and Well Written Essays - 250 words - 1
Writing - Assignment Example The variables used are time in years against the cars, either cars or light trucks. Further analysis is done on the effect of the car sales to fuel sales at the pump. A graph of fuel is drawn, showing the weekly retail price per gallon. The graph changes from week to week and is directly affected by the number as well as the type of the cars sold (The Wall Street Journal, Para 1). Figure 2.Source: Gold, WSJ research, Global oil glut send prices plunging, October 14, 2014. Gold, Russel. "Global Oil Glut Sends Prices Plunging." The Wall Street Journal. Dow Jones & Company, 14 Oct. 2014. Web. 27 Nov. 2014. . In the graph above, a graph is used to illustrate the changes of prices of oil in the different months. Numbers are used to represent the sales in million dollars against the months of the year, and that is from the beginning of June to the end of October (Gold para 1). The graph shows how the fall in the prices of oil affects the output. The low oil prices will serve as an incentive for producers, resulting in high production. Figure 3. Source: Source: Gold, WSJ research, Global oil glut send prices plunging, October 14, 2014. Gold, Russel. "Global Oil Glut Sends Prices Plunging." The Wall Street Journal. Dow Jones & Company, 14 Oct. 2014. Web. 27 Nov. 2014. . The graph above shows illustrates the sale petroleum by different oil companies. The sale is represented in percentages starting with the one having the highest percentage to the one with the lowest. This allows easy interpretation of the graph, from the complexity of large numbers involved (Gold para 3). Figure 4: Source: Madigan, Kathleen. "A New Way to Track the Ecnomy." WALL STREET JOURNAL. Dow Jones & Company, 26 Nov. 2014. Web. 26 Nov. 2014.