The Prize: The Epic Quest for Oil, Money, and Power Quiz | One Week Quiz A

Daniel Yergin
This set of Lesson Plans consists of approximately 120 pages of tests, essay questions, lessons, and other teaching materials.

The Prize: The Epic Quest for Oil, Money, and Power Quiz | One Week Quiz A

Daniel Yergin
This set of Lesson Plans consists of approximately 120 pages of tests, essay questions, lessons, and other teaching materials.
Buy The Prize: The Epic Quest for Oil, Money, and Power Lesson Plans
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This quiz consists of 5 multiple choice and 5 short answer questions through Part 5, Chapter 30.

Multiple Choice Questions

1. Which country was not represented at the meeting?
(a) Russia
(b) The United States
(c) Germany
(d) England

2. In October 1940, who bombed Dhahran?
(a) Russia
(b) Britain
(c) Japan
(d) Italy

3. What project did Nixon introduce to make the US less oil dependent?
(a) Project Arabia
(b) Project Independence
(c) Project Eagle
(d) Project Freedom

4. OPEC lifted the embargo in what year?
(a) 1983
(b) 1952
(c) 1974
(d) 1998

5. What document came out of the meeting, which encouraged cooperation by the oil companies?
(a) SC-RC
(b) Oil Agreement Pact
(c) Petroleum Edict (PET)
(d) As-Is

Short Answer Questions

1. The deals between countries and oil companies for royalties and other fees were referred to as what?

2. Who was the first country to begin using the practice of "rents?"

3. In August 1928, Deterding met where with Heinrich Riedemann of Jersey Standard-Germany, Cadman of APOC, William Mellon of Gulf, Robert Stewart of Indiana and others to discuss the oil industry?

4. OPEC agreed on what posted price per barrel of oil?

5. Who subdued much of Arabia and negotiated the exchange of oil for money for his country?

(see the answer key)

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