U.S. To Release 50 Million Barrels Of Oil To Ease Energy Costs

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Business, Journalism, Social Studies
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9th - 12th Grade
•
Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the total amount of oil being released from the Strategic Petroleum Reserve?
100 million barrels
75 million barrels
20 million barrels
50 million barrels
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which countries are involved in the coordinated effort to release oil reserves?
Germany, France, Italy, Spain
China, India, Japan, Republic of Korea, United Kingdom
Canada, Mexico, Australia, New Zealand
Brazil, Russia, India, China
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the initial hope of the US regarding OPEC countries?
To release more barrels of oil
To increase oil prices
To decrease oil production
To stop oil exports
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
By how much have gas prices dropped in recent days according to the announcement?
5%
10%
20%
15%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When are the barrels from the strategic petroleum reserve expected to start impacting the market?
January next year
Mid to late December
Immediately
Early November
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