View a FREE sample

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

Short Answer Questions

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

2. The prices of oil did what between 1970 and 1973?

3. In 1972, The Limits to Growth predicted that within 100 years what would happen?

4. The American hostages were held until what happened?

5. In October 1971, the Shah of Iran hosted a gala celebrating the 2,500-year anniversary of what?

Short Essay Questions

1. What is the Suez Canal? Why was it important for the oil industry?

2. What did Senator Henry ("Scoop") Jackson investigate? How did people respond to these investigations?

3. Why did Iraqi troops invade Kuwait? What was the result?

4. Who was Ayatollah Ruhollah Khomeini? What impact did he have on the oil industry?

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

6. What triggered economic recovery in 1983?

7. What effects did cheap gas have in the United States in the 1950s? Why were consumers able to obtain cheap gas during this time?

8. What tensions existed between Iran and Iraq? What effect did this have on the oil market?

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

10. The book discusses some possible changes in the oil industry. What does the author argue is a possibility in the coming years in regards to the oil industry? What might change the face of the oil industry?

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

The creation of a Jewish state created conflict in the Middle East and between Middle Eastern countries and Israeli supporters. Discuss why the Jewish state was created and how it affected the political dynamics of the oil industry. Why were some Arab countries unhappy with the creation? How did the conflicts between Israel and other Middle Eastern countries affect the oil industry?

Essay Topic 2

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 3

What is OPEC? How did OPEC come into existence? What influence has this organization had on the oil industry? Give specific examples of OPEC's influence from the book.

(see the answer keys)

This section contains 1,037 words (approx. 4 pages at 300 words per page) View a FREE sample