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

2. Who was the first country to begin using the practice of "rents?"
(a) Venezuela
(b) Indonesia
(c) Mexico
(d) Iran

3. Who called for a "new concept" that would base the price of oil on the cost of alternative energy sources?
(a) Henry Kissinger
(b) William Simon
(c) The Shah
(d) Richard Nixon

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

5. For producing nations, oil was a source of what?
(a) Serenity
(b) Pride
(c) Hardship
(d) Inequality

Short Answer Questions

1. In October 1940, who bombed Dhahran?

2. What document came out of the meeting, which encouraged cooperation by the oil companies?

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

4. During the "Arab oil embargo" gas princes rose how much in the United States?

5. 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?

(see the answer key)

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