While there is no guarantee that increased investment in achieving energy independence will solve all of America’s unemployment problems, the results so far have demonstrated that it will definitely help the cause.   Under President Obama's watch, such increased investment has so far created 1.5 million jobs and has demonstrated the potential to create many more.
After a four-decade decline in oil production, the U.S. is now producing enough oil to serve more than half of our oil needs. This has the potential to free us from our addiction to foreign-sourced barrels, particularly if we utilize our dramatically larger and cheaper reserves of natural gas, which now costs the equivalent of less than $15 per barrel, versus the $100-plus per barrel of oil we import from the Middle East. The money saved by increased use of natural gas has helped in greater investments and has created more than 75,000 jobs domestically.
 
Moreover, the president’s policies have motivated companies to invest more in clean energy to the extent that American companies make over 75% of all venture investments in clean technologies. Overall, because of U.S. public and private investments in clean energy—including renewables, efficiency, transportation, and infrastructure—the clean economy grew by 8.3% from 2008 to 2009, even during the depths of the recession. Even though several technologies, such as solar power, are still not as cost-competitive as imported oil, expanding these clean-energy investments is good economics as they will help preserve and expand America's middle class, because energy investments are a particularly effective method of "insourcing" manufacturing jobs, which in turn spur jobs in invention, installation, and maintenance.
From the passage which of the following can be inferred about imported oil?
  • a)
    Most of the imported oil comes from Middle East.
  • b)
    It is cheaper on a per barrel basis than natural gas.
  • c)
    It is not as cost competitive as solar energy.
  • d)
    Does not create the same number of jobs per unit of energy as solar power does.
  • e)
    Its unit price has increased over the past decade.
Correct answer is option 'D'. Can you explain this answer?

GMAT Question

It's actually D bkz
when employment/imported oil is compared to that of solar ,it's mentioned indirectly in the last para last line that the employment will spur,where as employment was nearly lower while importing oil.

if you are doubtful about the option 1 then look at the word MOST. Nowhere it's mentioned that most oil they procure from gulf countries.larger ,more are very loosely defined words that mostly create illustration among readers.

This discussion on While there is no guarantee that increased investment in achieving energy independence will solve all of Americas unemployment problems, the results so far have demonstrated that it will definitely help the cause. Under President Obamas watch, such increased investment has so far created 1.5 million jobs and has demonstrated the potential to create many more.After a four-decade decline in oil production, the U.S. is now producing enough oil to serve more than half of our oil needs. This has the potential to free us from our addiction to foreign-sourced barrels, particularly if we utilize our dramatically larger and cheaper reserves of natural gas, which now costs the equivalent of less than $15 per barrel, versus the $100-plus per barrel of oil we import from the Middle East. The money saved by increased use of natural gas has helped in greater investments and has created more than 75,000 jobs domestically.Moreover, the presidents policies have motivated companies to invest more in clean energy to the extent that American companies make over 75% of all venture investments in clean technologies. Overall, because of U.S. public and private investments in clean energyincluding renewables, efficiency, transportation, and infrastructurethe clean economy grew by 8.3% from 2008 to 2009, even during the depths of the recession. Even though several technologies, such as solar power, are still not as cost-competitive as imported oil, expanding these clean-energy investments is good economics as they will help preserve and expand Americas middle class, because energy investments are a particularly effective method of insourcing manufacturing jobs, which in turn spur jobs in invention, installation, and maintenance.From the passage which of the following can be inferred about imported oil?a)Most of the imported oil comes from Middle East.b)It is cheaper on a per barrel basis than natural gas.c)It is not as cost competitive as solar energy.d)Does not create the same number of jobs per unit of energy as solar power does.e)Its unit price has increased over the past decade.Correct answer is option 'D'. Can you explain this answer? is done on EduRev Study Group by GMAT Students. The Questions and Answers of While there is no guarantee that increased investment in achieving energy independence will solve all of Americas unemployment problems, the results so far have demonstrated that it will definitely help the cause. Under President Obamas watch, such increased investment has so far created 1.5 million jobs and has demonstrated the potential to create many more.After a four-decade decline in oil production, the U.S. is now producing enough oil to serve more than half of our oil needs. This has the potential to free us from our addiction to foreign-sourced barrels, particularly if we utilize our dramatically larger and cheaper reserves of natural gas, which now costs the equivalent of less than $15 per barrel, versus the $100-plus per barrel of oil we import from the Middle East. The money saved by increased use of natural gas has helped in greater investments and has created more than 75,000 jobs domestically.Moreover, the presidents policies have motivated companies to invest more in clean energy to the extent that American companies make over 75% of all venture investments in clean technologies. Overall, because of U.S. public and private investments in clean energyincluding renewables, efficiency, transportation, and infrastructurethe clean economy grew by 8.3% from 2008 to 2009, even during the depths of the recession. Even though several technologies, such as solar power, are still not as cost-competitive as imported oil, expanding these clean-energy investments is good economics as they will help preserve and expand Americas middle class, because energy investments are a particularly effective method of insourcing manufacturing jobs, which in turn spur jobs in invention, installation, and maintenance.From the passage which of the following can be inferred about imported oil?a)Most of the imported oil comes from Middle East.b)It is cheaper on a per barrel basis than natural gas.c)It is not as cost competitive as solar energy.d)Does not create the same number of jobs per unit of energy as solar power does.e)Its unit price has increased over the past decade.Correct answer is option 'D'. Can you explain this answer? are solved by group of students and teacher of GMAT, which is also the largest student community of GMAT. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for GMAT on EduRev and even discuss your questions like While there is no guarantee that increased investment in achieving energy independence will solve all of Americas unemployment problems, the results so far have demonstrated that it will definitely help the cause. Under President Obamas watch, such increased investment has so far created 1.5 million jobs and has demonstrated the potential to create many more.After a four-decade decline in oil production, the U.S. is now producing enough oil to serve more than half of our oil needs. This has the potential to free us from our addiction to foreign-sourced barrels, particularly if we utilize our dramatically larger and cheaper reserves of natural gas, which now costs the equivalent of less than $15 per barrel, versus the $100-plus per barrel of oil we import from the Middle East. The money saved by increased use of natural gas has helped in greater investments and has created more than 75,000 jobs domestically.Moreover, the presidents policies have motivated companies to invest more in clean energy to the extent that American companies make over 75% of all venture investments in clean technologies. Overall, because of U.S. public and private investments in clean energyincluding renewables, efficiency, transportation, and infrastructurethe clean economy grew by 8.3% from 2008 to 2009, even during the depths of the recession. Even though several technologies, such as solar power, are still not as cost-competitive as imported oil, expanding these clean-energy investments is good economics as they will help preserve and expand Americas middle class, because energy investments are a particularly effective method of insourcing manufacturing jobs, which in turn spur jobs in invention, installation, and maintenance.From the passage which of the following can be inferred about imported oil?a)Most of the imported oil comes from Middle East.b)It is cheaper on a per barrel basis than natural gas.c)It is not as cost competitive as solar energy.d)Does not create the same number of jobs per unit of energy as solar power does.e)Its unit price has increased over the past decade.Correct answer is option 'D'. Can you explain this answer? over here on EduRev! Apart from being the largest GMAT community, EduRev has the largest solved Question bank for GMAT.
This discussion on While there is no guarantee that increased investment in achieving energy independence will solve all of Americas unemployment problems, the results so far have demonstrated that it will definitely help the cause. Under President Obamas watch, such increased investment has so far created 1.5 million jobs and has demonstrated the potential to create many more.After a four-decade decline in oil production, the U.S. is now producing enough oil to serve more than half of our oil needs. This has the potential to free us from our addiction to foreign-sourced barrels, particularly if we utilize our dramatically larger and cheaper reserves of natural gas, which now costs the equivalent of less than $15 per barrel, versus the $100-plus per barrel of oil we import from the Middle East. The money saved by increased use of natural gas has helped in greater investments and has created more than 75,000 jobs domestically.Moreover, the presidents policies have motivated companies to invest more in clean energy to the extent that American companies make over 75% of all venture investments in clean technologies. Overall, because of U.S. public and private investments in clean energyincluding renewables, efficiency, transportation, and infrastructurethe clean economy grew by 8.3% from 2008 to 2009, even during the depths of the recession. Even though several technologies, such as solar power, are still not as cost-competitive as imported oil, expanding these clean-energy investments is good economics as they will help preserve and expand Americas middle class, because energy investments are a particularly effective method of insourcing manufacturing jobs, which in turn spur jobs in invention, installation, and maintenance.From the passage which of the following can be inferred about imported oil?a)Most of the imported oil comes from Middle East.b)It is cheaper on a per barrel basis than natural gas.c)It is not as cost competitive as solar energy.d)Does not create the same number of jobs per unit of energy as solar power does.e)Its unit price has increased over the past decade.Correct answer is option 'D'. Can you explain this answer? is done on EduRev Study Group by GMAT Students. The Questions and Answers of While there is no guarantee that increased investment in achieving energy independence will solve all of Americas unemployment problems, the results so far have demonstrated that it will definitely help the cause. Under President Obamas watch, such increased investment has so far created 1.5 million jobs and has demonstrated the potential to create many more.After a four-decade decline in oil production, the U.S. is now producing enough oil to serve more than half of our oil needs. This has the potential to free us from our addiction to foreign-sourced barrels, particularly if we utilize our dramatically larger and cheaper reserves of natural gas, which now costs the equivalent of less than $15 per barrel, versus the $100-plus per barrel of oil we import from the Middle East. The money saved by increased use of natural gas has helped in greater investments and has created more than 75,000 jobs domestically.Moreover, the presidents policies have motivated companies to invest more in clean energy to the extent that American companies make over 75% of all venture investments in clean technologies. Overall, because of U.S. public and private investments in clean energyincluding renewables, efficiency, transportation, and infrastructurethe clean economy grew by 8.3% from 2008 to 2009, even during the depths of the recession. Even though several technologies, such as solar power, are still not as cost-competitive as imported oil, expanding these clean-energy investments is good economics as they will help preserve and expand Americas middle class, because energy investments are a particularly effective method of insourcing manufacturing jobs, which in turn spur jobs in invention, installation, and maintenance.From the passage which of the following can be inferred about imported oil?a)Most of the imported oil comes from Middle East.b)It is cheaper on a per barrel basis than natural gas.c)It is not as cost competitive as solar energy.d)Does not create the same number of jobs per unit of energy as solar power does.e)Its unit price has increased over the past decade.Correct answer is option 'D'. Can you explain this answer? are solved by group of students and teacher of GMAT, which is also the largest student community of GMAT. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for GMAT on EduRev and even discuss your questions like While there is no guarantee that increased investment in achieving energy independence will solve all of Americas unemployment problems, the results so far have demonstrated that it will definitely help the cause. Under President Obamas watch, such increased investment has so far created 1.5 million jobs and has demonstrated the potential to create many more.After a four-decade decline in oil production, the U.S. is now producing enough oil to serve more than half of our oil needs. This has the potential to free us from our addiction to foreign-sourced barrels, particularly if we utilize our dramatically larger and cheaper reserves of natural gas, which now costs the equivalent of less than $15 per barrel, versus the $100-plus per barrel of oil we import from the Middle East. The money saved by increased use of natural gas has helped in greater investments and has created more than 75,000 jobs domestically.Moreover, the presidents policies have motivated companies to invest more in clean energy to the extent that American companies make over 75% of all venture investments in clean technologies. Overall, because of U.S. public and private investments in clean energyincluding renewables, efficiency, transportation, and infrastructurethe clean economy grew by 8.3% from 2008 to 2009, even during the depths of the recession. Even though several technologies, such as solar power, are still not as cost-competitive as imported oil, expanding these clean-energy investments is good economics as they will help preserve and expand Americas middle class, because energy investments are a particularly effective method of insourcing manufacturing jobs, which in turn spur jobs in invention, installation, and maintenance.From the passage which of the following can be inferred about imported oil?a)Most of the imported oil comes from Middle East.b)It is cheaper on a per barrel basis than natural gas.c)It is not as cost competitive as solar energy.d)Does not create the same number of jobs per unit of energy as solar power does.e)Its unit price has increased over the past decade.Correct answer is option 'D'. Can you explain this answer? over here on EduRev! Apart from being the largest GMAT community, EduRev has the largest solved Question bank for GMAT.