Alaska Pipeline Shut After Magnitude 7 Earthquake

The video discusses the impact of a recent earthquake in Alaska on the oil industry, focusing on the shutdown of the Trans Alaska pipeline. It highlights the pipeline's capacity and current usage, noting a decline in Alaska's oil production ranking. The video also examines the minimal reaction of oil prices to the earthquake.

What immediate action was taken in response to the earthquake in Alaska?

• The Trans Alaska pipeline was shut down.

• Oil prices were increased.

• Oil production was doubled.

• A new pipeline was constructed.

How long is the Trans Alaska pipeline?

• 500 miles

• 800 miles

• 1000 miles

• 1200 miles

What is the current oil production capacity of the Trans Alaska pipeline?

• 500,000 barrels a day

• 1 million barrels a day

• 3 million barrels a day

• 2 million barrels a day

What was Alaska's rank in oil production as of September?

• 6th

• 5th

• 4th

• 3rd

How did the earthquake affect oil prices?

• There was little to no impact on prices.

• Prices increased significantly.

• Prices fluctuated wildly.

• Prices decreased significantly.