The Prize: The Epic Quest for Oil, Money, and Power Test | Mid-Book Test - Easy

Daniel Yergin
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This test consists of 15 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. Which act gave FDR power to control exports, including oil?
(a) Imbargo Act of 1939
(b) Manchurian Act of 1937
(c) Export Safety Act
(d) National Defense Act

2. What "taboo" did Venezuela break in the 1940s?
(a) Breaking an oil agreement for a better deal
(b) Taking less than market value for its oil production
(c) Allowing a foreign country to partner with domestic oil companies
(d) Selling the royalty oil directly on the world market

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

4. In 1944, the Allies targeted what with bombings in Germany?
(a) Synthetic fuel plants
(b) German submarines
(c) Concentration camps
(d) Tank factories

5. What event in the 1920s plunged oil into dire straits?
(a) World War I
(b) The Great Depression
(c) Prohibition
(d) The Tulsa Race Riot

6. What company did John D. Rockefeller and Henry Flagler start?
(a) Citgo, Inc.
(b) Standard Oil Company
(c) Irving Oil Company
(d) Exxon Mobil, Inc.

7. Britain wanted to keep whose oil out of the hands of the Russians and French in the early 1900s?
(a) Persian
(b) Canadian
(c) Sumatran
(d) South African

8. The Rothschilds created what company in 1902?
(a) Royal Dutch Company
(b) Standard Oil Company
(c) Shell Oil Company
(d) Asiatic Petroleum Company

9. Who bought out Maurice Clark for $72,000?
(a) Marvin H. Davis
(b) Woodrow Wilson
(c) Daniel Standard
(d) John D. Rockefeller

10. What did Britain capture to secure the strategic approaches to oil and ensure the safety of the Amir of Kuwait?
(a) Beirut
(b) Basra
(c) Jerusalem
(d) Tehran

11. In the early 1930s, the United States provided how much of Japan's oil imports?
(a) 16%
(b) 57%
(c) 90%
(d) 40%

12. By late 1944, 120,000 barrels of aviation gasoline were delivered daily to where?
(a) Channel Islands
(b) Toyko
(c) Guam
(d) Java

13. What overcame Ibn Saud's reticence to allow infidel money into his kingdom?
(a) Financial problems
(b) Security worries
(c) His desire to expand into Egypt
(d) Churchill's influence

14. Who perfected the incandescent light bulb?
(a) Thomas Edison
(b) Alexander Graham Bell
(c) Benjamin Franklin
(d) Guglielmo Marconi

15. Who volunteered to lead a cross-country motor caravan to demonstrate the value of motor transportation and to dramatize the need for better highways?
(a) Theodore Roosevelt
(b) Dwight D. Eisenhower
(c) Calvin Coolidge
(d) Albert B. Fall

Short Answer Questions

1. Who struck a deal with Saudi Arabia for $9.5 million up front; $1 million a year, whether or not oil was pumped; and a royalty of $0.55 per barrel?

2. "Colonel" Edwin Drake applied the salt drilling techniques of what country to oil?

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

4. What remained important in finding oil in the 1920s?

5. The Royal Dutch company joined forces with what other oil company in 1907?

(see the answer keys)

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