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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.

Multiple Choice Questions

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

2. Who joined forces with Italian oil man Enrico Mattei?
(a) Abdullah Tariki
(b) Juan Pablo Pérez Alfonso
(c) President Betancourt
(d) The Shah of Iran

3. On October 6, 1973, Egypt and Syria launched a massive coordinated attack on which country?
(a) India
(b) Israel
(c) Saudi Arabia
(d) Japan

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

5. In 1965, who won two-thirds of the exploration leases on the Prudhoe Bay structure?
(a) CLBE
(b) AARP
(c) TIFF
(d) ARCO

Short Answer Questions

1. In what year was OPEC founded?

2. Which country put an embargo on Iranian imports?

3. Where was a vast gas field found?

4. What was Abdullah Tariki's nickname?

5. The Iran-Iraq war took how many barrels of oil a day off the market?

Short Essay Questions

1. How did oil companies and governments react to the Second Oil Shock?

2. What message was received from Tehran on November 4, 1979? Why did the event occur?

3. What was the "Arab oil embargo"? How did it affect the U.S.?

4. What changes occurred in Libya in the 1970s with regard to the oil industry?

5. What events change the oil landscape in Iran? What happened to Mossadegh?

6. What factors weakened OPEC's position in the mid-1980s?

7. Who succeeded Nasser in Egypt? What changes did he make?

8. Venezuela's Alirio Parra helped stabilize OPEC through a meeting with oil leaders. Why was the meeting held? What came out of this meeting?

9. What weakened OPEC's position in the oil industry? Give at least one specific example.

10. What effects did the Second Oil Shock have on the oil industry?

(see the answer keys)

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