Is Oil Heading to $80 a Barrel?

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Business, Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is expected to happen to the oil market in the second half of the year and into 2017?
It will be undersupplied.
It will remain unchanged.
It will be balanced.
It will be oversupplied.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is $50 oil considered insufficient for US production growth?
It is too high for consumers.
It is too volatile.
It does not cover production costs.
It is not competitive globally.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What price range is suggested to incentivize US oil production?
$30-$40
$50-$60
$70-$80
$90-$100
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does producer hedging affect oil prices?
It increases prices in the short term.
It stabilizes prices permanently.
It acts as a cap on prices.
It has no effect on prices.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the long-term outlook for oil prices according to the discussion?
They will remain stable.
They will decrease significantly.
They need to be substantially higher.
They will fluctuate unpredictably.
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