The increase in the price of jet fuel is due to a sharp decrease over the past year in the supply of jet fuel available relative to demand.
Statements
Over the past year, there is a lower supply of jet fuel relative to demand, which caused an increase in the price of jet fuel.
But the supply of jet fuel available for sale is larger today than it was last year.
Evaluate
Because both statements are comparative / mathematical, the inference will probably also have a comparative / mathematical feel.
We can infer by combining these two claims that the demand for jet fuel is higher now than it was a year ago.
This fact-set is analogous to this: The ratio of females to males at University X has gone down this past year. Nonetheless, there are more females at University X this year than last year.
This would show that there are more males at University X this year.
The idea of ratio or "supply relative to demand" is talking about a relationship, not an absolute number.
Let's say that last year the demand for jet fuel was 2000 barrels, and our supply was 1500 barrels. The supply of jet fuel relative to demand would be 15/20, or 3/4, or 75%.
The information here is saying that over the past year there was a decrease in the supply of fuel relative to demand, so if supply used to be 75% of demand, then now it's something lower like 50% of demand.
But there is also more jet fuel available.
If there was 1500 barrels before, maybe there is 2000 barrels now. And if supply is now 50% of demand, that would mean that there's a demand for 4000 barrels.
In other words, Last year This Year
supply 1500 2000
demand 2000 4000
supply, relative 75% 50% to demand
Goal
Look for something like, .