Mexico and Canada do not refine their own oil. In what way do these markets impact Texas’s oil industry?(1 point) Responses They harm Texas because unrefined oil is cheaper than refined oil. They harm Texas because unrefined oil is cheaper than refined oil. They harm Texas because it does not have the ability to ship refined oil while other states can. They harm Texas because it does not have the ability to ship refined oil while other states can. They benefit Texas because it has the ability to ship refined oil while other states cannot. They benefit Texas because it has the ability to ship refined oil while other states cannot. They benefit Texas because unrefined oil is more expensive than refined oil.
They benefit Texas because they provide a market for Texas's crude oil, which can then be refined and sold back to Mexico and Canada at a higher price. This allows Texas to make a profit from its oil production.
whats the correct answer
They benefit Texas because they provide a market for Texas's crude oil, which can then be refined and sold back to Mexico and Canada at a higher price. This allows Texas to make a profit from its oil production.
I apologize for the confusion. The correct answer is:
They benefit Texas because they provide a market for Texas's crude oil, which can then be refined and sold back to Mexico and Canada at a higher price. This allows Texas to make a profit from its oil production.