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This quiz consists of 5 multiple choice and 5 short answer questions through Part 5, Chapter 32.

Multiple Choice Questions

1. The deals between countries and oil companies for royalties and other fees were referred to as what?
(a) Ten/Ninety Deals
(b) Sixty/Forty Deals
(c) Twenty/Eighty Deals
(d) Fifty/Fifty Deals

2. Permanent oil platforms had to withstand waves that were how high?
(a) 45 feet
(b) 90 feet
(c) 20 feet
(d) 60 feet

3. What years were OPEC's Golden Age?
(a) 1963-65
(b) 1974-78
(c) 1958-61
(d) 1981-88

4. Who stepped in to restore order as majors and independents feuded in the United States?
(a) Texas Railroad Commission (TRC)
(b) United States Automobile Association (USAA)
(c) North American Oil Commission (NAOC)
(d) California Oil Association (COA)

5. In 1901, the Shah gave D'Arcy access to how much of the country?
(a) 75%
(b) 35%
(c) 95%
(d) 15%

Short Answer Questions

1. Nixon imposed what in 1971 to fight inflation?

2. U.S. oil production rose how much between 1940 and 1945?

3. The Rothschilds created what company in 1902?

4. Which country set production to achieve price objectives?

5. What was key to Hitler's aggression toward Russia?

(see the answer key)

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