Tortoise Capital: Oil Will Hit $50 by End of the Year

Tortoise Capital: Oil Will Hit $50 by End of the Year

Assessment

Interactive Video

Business, Architecture, Physics, Science

University

Hard

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The video discusses the dynamics of the oil market, highlighting the impact of geopolitical events and natural phenomena on oil prices. It predicts a rise in oil prices due to falling supply and rising demand. The discussion extends to global oil production, focusing on OPEC's potential production limits and strong demand from China. The US oil production landscape is analyzed, with emphasis on the Permian Basin's competitiveness. The video also explores the natural gas sector, particularly the Marcellus Shale, and the significance of infrastructure investments. Finally, it covers the transformation of the US from a natural gas importer to an exporter, with a focus on LNG and companies like Shanir.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factors were mentioned as contributing to the recent increase in oil prices?

A new oil discovery in the Gulf

A decrease in global demand

Vladimir Putin and a tropical storm

Increased production in the Middle East

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected oil price by the end of the year according to Tortoise Capital?

$30

$50

$60

$40

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which region in the U.S. is noted for its competitive oil production?

Permian Basin

Gulf of Mexico

Appalachian Basin

Alaska

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is there significant interest in the Marcellus Shale region?

It is a key location for coal mining

It has large oil reserves

It is a hub for renewable energy

It is a major source of natural gas

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What advantage does Cheniere have in the LNG market?

First mover advantage

Largest fleet of LNG ships

Exclusive contracts with China

Government subsidies