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

Multiple Choice Questions

1. American hostages were taken from the embassy in which city?
(a) Cairo
(b) Jerusalem
(c) Tehran
(d) Moscow

2. What was one of OPEC's goals when it was founded?
(a) To take over the world's oil production
(b) To restore the price of oil to its precut level
(c) To keep Western nations out of Arabia
(d) To sell oil as cheaply as possible

3. The economist E. F. Schumacher called for what?
(a) A short-term view of the world's energy needs
(b) A dependence on Arab oil
(c) Continued use of a finite resource
(d) Alternatives to high-cost coal

4. New York City restricted what in 1965?
(a) Gasoline fueled cars
(b) Oil
(c) Taxis
(d) Coal burning

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

6. Venezuela nationalized oil production in what year?
(a) 1955
(b) 1988
(c) 1976
(d) 1961

7. Which country set production to achieve price objectives?
(a) Saudi Arabia
(b) Kuwait
(c) Iran
(d) Iraq

8. Who was assigned the task of a national energy policy?
(a) Grant Wilson
(b) John Rockefeller
(c) James Schlesinger
(d) Henry Jackson

9. Enrico Mattei did what to change the oil situation in the Middle East?
(a) Refused to buy from Egypt
(b) Negotiated with Iran
(c) Broke the 50/50 rule
(d) Bought oil from Saudi Arabia

10. The prices of oil did what between 1970 and 1973?
(a) Fell sharply
(b) Doubled
(c) Remained the same
(d) Decreased by 10 percent

11. Who did Carter admit to the US for medical treatment?
(a) The Shah
(b) Mossadegh
(c) Khomeini
(d) Saddam Hussein

12. Oil producing countries were assigned quotas with what target in mind per day?
(a) 4 million barrels
(b) 18 million barrels
(c) 12 million barrels
(d) 26 million barrels

13. Which country placed troops in the Canal Zone to protect it for oil purposes?
(a) Germany
(b) England
(c) Japan
(d) Brazil

14. Iraq embargoed oil to which country in response to the events at Camp David?
(a) Australia
(b) Egypt
(c) India
(d) Russia

15. In 1962, what television show became a hit, celebrating the "black gold" that had transformed the face of America?
(a) The Beverly Hillbillies
(b) Green Acres
(c) M.A.S.H.
(d) Leave it to Beaver

Short Answer Questions

1. After Iraq expelled Khomeini, where did he go?

2. Which country seized Jerusalem, the West Bank, and the Golan Heights?

3. In the late 1970s, oil buyers did what?

4. Who developed an ideology for pushing the oil industry back to basics, fighting self-serving waste and excess, and protecting disenfranchised shareholders' rights?

5. Which television show symbolized the greatest boom in history during the 1980s?

(see the answer keys)

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