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

Multiple Choice Questions

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

2. Why did the reports on the production levels for each field end?
(a) They were considered security breaches.
(b) No one knows the true reason.
(c) They were not helpful to anyone.
(d) They were too expensive.

3. Socony-Vaccum became which company?
(a) Standard Oil.
(b) Exxon.
(c) Mobil.
(d) Shell.

4. What is the partnership called, that is formed to fund drilling and production in Saudi Arabia?
(a) Souamco.
(b) Noramco.
(c) Azaramco.
(d) Aramco.

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

Short Answer Questions

1. What will Saudi Arabia face if the oil production declines?

2. Who was the first king of Saudia Arabia?

3. Where is the Spindletop field located?

4. Who insists that Saudi Arabia will continue to be able to meet the demand for oil?

5. What job does Matthew Simmons hold?

(see the answer key)

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