Description: The earthquake in Japan may not cause prices to plunge more Friday but the long-term impact on oil could be drastic

Source: CNNMoney.com – video report

Date: 03/11/2011

Link: http://money.cnn.com/video/markets/2011/03/11/mkts_japan_quake_oil2.cnnmoney/

Questions for discussion:

• How does this incredible disaster in Japan connect to the international demand and price for oil?
• What are some of the economic scenarios that might result from this crisis in Japan and elsewhere in the world?