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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. Who become the symbol of the new age of oil?

2. What accelerated the American escape to the suburbs?

3. Which country wanted to attended OPEC's 1986 meeting as an observer?

4. Which oil company was among those who called for the U.S. to change its policy on Israel?

5. Iraq embargoed oil to which country in response to the events at Camp David?

Short Essay Questions

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

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

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

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

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

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

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

8. OPEC was founded with which goals in mind?

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

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

Essay Topics

Write an essay for ONE of the following topics:

Essay Topic 1

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 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 are "rents"? How were rents applied to the oil industry? How did this practice change the oil industry? Who benefited from the use of rents in regard to oil?

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This section contains 912 words (approx. 4 pages at 300 words per page) View a FREE sample