Lesson: How Oil Prices Affect the Economy

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Conversation

Answer the following questions. You might be asked to write them down or answer them out-loud.

  1. How important do you think oil is in our lives?
  2. Do you understand why all the economy spins around oil?
  3. In the world we live today, do you agree that everybody ´s oil dependent? Why?
  4. Should prices be totally related to the oil cosnuming? Why?
  5. Which are other alternative ways of substituting oil?

Vocabulary

Look at the vocabulary below. Take time to explore the links for their definitions in English and their translations to Portuguese. When you are done, make a sentence with each word. Ask your teacher if you should write them down or say them out loud.

  • d | t - strong
  • d | t - struggle
  • d | t - freak
  • d | t - deal
  • d | t - oil
  • d | t - abundant
  • d | t - resource
  • d | t - crude
  • d | t - byproduct
  • d | t - waste
  • d | t - grow
  • d | t - fuel
  • d | t - ton
  • d | t - arguably
  • d | t - peak
  • d | t - suck
  • d | t - barrel
  • d | t - lifeblood
  • d | t - collapses
  • d | t - rely

Video

Watch the following video but DON'T read the transcript yet.


After watching the video do this listening exercise.


Reading practice

Read the following transcript then do the associated reading comprehension exercise.

Transcript:

Writing practice

Write a couple of paragraphs talking about the possibility or not of people live without using oil in their lives. Is there any other solution? Which? Make sure to use words you learned from the text and try to make it as long as you can.



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