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Online Quiz (Worksheet A B C D)

Questions Per Quiz = 2 4 6 8 10

Writing, Speech, Debate, & General Knowledge
5.4 Petroleum (Oil) Industry

Directions: The year 2008 saw rapid rise in oil prices. Some believe that the world is running out of petroleum and we would need to find viable alternate energy sources quickly in order to avoid massive shocks to the industrialized economies of the world. Do your own research about petroleum industry and answer the following questions. Write an informative essay about petroleum industry.
Q 1: The Strategic Petroleum Reserve, an emergency petroleum store maintained by the United States Department of Energy holds the equivalent of about ____ of consumption in the US.
6 months
1 year
30 days
7 days

Q 2: Which is the top most oil producer in the world?
United States
Saudi Arabia

Q 3: Which country is the biggest consumer of oil?
United States

Q 4: The United States currently (as of 2006) consumes _______ of oil per year, while the world at large consumes 30 billion barrels.
2.5 billion barrels
1.2 billion barrels
22.0 billion barrels
7.5 billion barrels

Q 5: Which of these companies is NOT a US based energy company?
Chevron Texaco

Q 6: Members of this organization control about 50% of the oil exported in the world.
Association of Oil Exporting Countries (AEC)
United Oil Member Countries (UOMC)
International Energy Organization (IEO)
Organization of the Petroleum Exporting Countries (OPEC)

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