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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) Germany
(b) Russia
(c) England
(d) The United States

2. OPEC agreed on what posted price per barrel of oil?
(a) $11.65
(b) $38.72
(c) $23.99
(d) $4.12

3. Who set up the Eastern and General Syndicate to develop business opportunities in the Middle East?
(a) Frank Holmes
(b) Thomas Neville
(c) Winston Churchill
(d) Robert Nelson

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

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

3. The "Neutral Zone" was between Saudi Arabia and which other country?

4. 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?

5. In October 1940, who bombed Dhahran?

(see the answer key)

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