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Saudi-Pract-Hist-OPEC

Total questions: 5

Worksheet time: 3mins

Name
Class
Date
1.

Though demand for oil was growing rapidly in the 1960’s, who was not benefiting?

a)

Oil-producing countries like Saudi Arabia and Venezuela

b)

Big US oil companies

c)

Big European oil companies

d)

Big US car companies

2.

OPEC’s plan to give power to oil producing countries was to regulate supply, and to manipulate BLANKs of oil.

a)

prices

b)

quality

c)

cleanliness

d)

colors

3.

As with most things, the price of oil is set by...

a)

supply and demand

b)

the United States

c)

the Illuminati

d)

trial and error

4.

The lower OPEC sets the production quotas, the BLANKer the price of oil.

a)

higher

b)

lower

c)

samer

d)

easier

5.

Ever since the 1970’s the US has tried to be more “energy BLANK”, and has actually become the world’s leading oil exporter.

a)

independent

b)

dependent

c)

free

d)

efficient