Warnings of price rise at petrol pumps following Storm Harvey as 1/3 US oil refineries affected

Warnings of price rise at petrol pumps following Storm Harvey as 1/3 US oil refineries affected

Assessment

Interactive Video

Business, Architecture, Biology

University

Hard

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Hurricane Harvey's impact on US oil refineries is causing a rise in UK petrol prices, potentially affecting family budgets. The demand for fuel in the US is increasing, leading to higher prices in the UK. Historical trends show fluctuating petrol prices, and future increases are expected due to infrastructure damage in the Gulf of Mexico.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected impact of Hurricane Harvey on UK petrol prices?

Prices are expected to drop to their lowest level since 2009.

Prices are expected to rise to their highest level since 2014.

Prices are expected to remain stable.

Prices are expected to decrease significantly.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the price of unleaded petrol in the UK change last year?

It reached a record high.

It dropped to a low not seen since 2009.

It increased by 10 pence.

It remained the same as the previous year.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What historical event is mentioned as a comparison for current fuel prices?

The record high fuel prices in April 2012

The oil spill in the Gulf of Mexico

The Brexit referendum

The financial crisis of 2008

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could potentially prolong the impact of Hurricane Harvey on fuel prices?

Increased production in the Gulf of Mexico

Prolonged US demand and infrastructure damage

Quick recovery of US oil refineries

A decrease in US demand for fuel

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might UK drivers have to do if US fuel demand remains high?

Switch to electric vehicles

Wait out the price increases

Increase their fuel consumption

Travel more frequently