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

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

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

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

5. Who subdued much of Arabia and negotiated the exchange of oil for money for his country?
(a) Ibn Saud
(b) Harry St. John Bridger
(c) Rub al-Khali
(d) Chaim Weizmann

Short Answer Questions

1. Which country was not represented at the meeting?

2. In October 1940, who bombed Dhahran?

3. Who called for a "new concept" that would base the price of oil on the cost of alternative energy sources?

4. What project did Nixon introduce to make the US less oil dependent?

5. The "Arab oil embargo" consisted of what?

(see the answer key)

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