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This test consists of 5 short answer questions, 10 short essay questions, and 1 (of 3) essay topics.

Short Answer Questions

1. Oil prices dropped after what event?

2. The deals between countries and oil companies for royalties and other fees were referred to as what?

3. What material was rationed in the U.S. during the war?

4. Japan invaded which country in 1931?

5. Who favored favored domestic spending over war preparations against Germany in 1911?

Short Essay Questions

1. What event in 1947 in the Gulf of Mexico led to questions? What issues arose from this? What other products did the United States become interested in?

2. What are rents? How does this apply to oil?

3. How did the oil companies become involved in the Middle East? Who was involved in the beginning negotiations?

4. What was one of most extraordinary engineering feats of WWII? Why was this done?

5. How did the Shell employees in Borneo react to news of Pearl Harbor? Why did they react this way?

6. Who bid successfully on the Kuwait Neutral Zone concession? Why did he bid on the concession? What deal was struck?

7. Into what areas did Standard Oil expand? What was its place in oil production?

8. What happened to oil and gas consumption and demand in the United States after the war? What effects did this have?

9. What are the war years called? Why are they called this?

10. What was known about oil before the mid-nineteenth century? Why wasn't it used more?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

Who do you think is/was the most influential person in the oil industry? Why? What did this person contribute to the oil industry globally? Support your answer with information from the book.

Essay Topic 2

Discuss how oil can cause tensions and conflicts between countries. Why is oil so important as to contribute to conflicts? How is oil used as a weapon in conflicts between countries? Use at least one specific example from the book to illustrate and back up your answers.

Essay Topic 3

Describe the oil exploration that has taken place in the last 200 years. Why did companies and individuals explore for oil? When are companies most likely to look for previously unknown oil fields? What factors go into whether an oil field was viable or not in earlier days? Discuss one oil field and why it was useful or not at the time that it was discovered.

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