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changes occurred in supply, demand, and price

I need your HELP answering some questions from this article:

It's Not the End Of the Oil Age

Technology and Higher Prices Drive a Supply Buildup
By Daniel Yergin
Sunday, July 31, 200, Page B07

http;//www.washingtonpost.com/wp-dyn/content/article/2005/07/29/AR2005072901672.html

These is the question:

1. Utilizing the economic theories explain why changes occurred in supply, demand, and price?

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