How many million barrels are expected to be in the Strategic Petroleum Reserve by the end of the year?
Biden Using SPR to Manage Prices: Amrita Sen

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
400 million barrels
380 million barrels
350 million barrels
300 million barrels
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the original purpose of the Strategic Petroleum Reserve?
To manage market prices
To export oil products
To fund infrastructure projects
To address supply disruptions
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current administration's approach to using the SPR?
For supply disruptions only
To increase oil exports
To reduce oil imports
To manage market prices
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What major global event has influenced the oil market since 2022?
The Brexit deal
Russia's invasion of Ukraine
The Paris Climate Agreement
The US-China trade war
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant factor in the current oil price being under $100?
Increased oil production in the US
Releases from the SPR
OPEC's decision to cut production
The global recession and China's slowdown
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of setting a natural gas price cap too low in Europe?
Higher gas demand
Stable gas prices
Decreased LNG supply
Increased LNG imports
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could significantly increase energy demand in Asia in the near future?
China's zero COVID policy
New energy policies in Europe
China easing its COVID policy
Increased oil production in the Middle East
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