Problem

Energy World oil demand D (in millions of barrels per day equivalent) is approximated by D...

EnergyWorld oil demand D (in millions of barrels per day equivalent) is approximated by D = 3.7x + 111, where x = 0 corresponds to the year 1970.* Find the year in which demand reached or will reach

(a) 259 millions of barrels per day;


(b) 300 millions of barrels per day.

*Based on data and projections from Exxon Mobil.

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