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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter 4.

Multiple Choice Questions

1. What is Ghawar known for?
(a) World's most political oil reserve.
(b) World's most fragile oil reserve.
(c) World's richest oil reserve.
(d) World's most hard-to-reach oil reserve.

2. Who did the United States government ask to investigate Saudi Arabia's ability to meet global oil demands?
(a) The Heritage Institute.
(b) The GAO.
(c) M.I.T. researchers.
(d) Congress.

3. In 2005, the world's demand for oil exceeds what?
(a) 70 million barrels a day.
(b) 75 million barrels a day.
(c) 80 million barrels a day.
(d) 86 million barrels a day.

4. When was Saudi Arabia established?
(a) 1936.
(b) 1940.
(c) 1932.
(d) 1944.

5. When the United States's oil production declined, who stepped in to become the world's leading oil producer?
(a) Saudi Arabia.
(b) Bahrain.
(c) Iran.
(d) Iraq.

Short Answer Questions

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

2. When does oil production begin in Saudia Arabia?

3. How many "huge reserves" are there in Saudi Arabia?

4. What did Saudi Arabian engineers present at the S.P.E. conferences?

5. From 1950-1982, OPEC published information on production levels for each field how often?

(see the answer key)

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