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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 5.

Multiple Choice Questions

1. What industry does Matthew Simmons specialize in?
(a) Financial.
(b) Energy.
(c) Transportation.
(d) Banking.

2. Where is the Spindletop field located?
(a) California.
(b) Texas.
(c) Alaska.
(d) Louisiana.

3. When was the first significant oil find in the Middle East?
(a) 1938.
(b) 1918.
(c) 1928.
(d) 1908.

4. In 2005, what is the only country in the world with unused oil capacity?
(a) Saudi Arabia.
(b) Kuwait.
(c) United States.
(d) Bahrain.

5. Who insists that Saudi Arabia will continue to be able to meet the demand for oil?
(a) The United States.
(b) OPEC.
(c) Economic researchers.
(d) Saudia Arabian government.

Short Answer Questions

1. Where is Matthew Simmons from?

2. Why does Saudi Arabia try to limit oil production?

3. In 2005, the world's demand for oil exceeds what?

4. With OPEC's secrecy regarding oil production levels, what is unclear?

5. What kind of data surveys are used to help determine where to drill?

(see the answer key)

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