Pumped up.

PositionQUIZ - Brief article

Choose the best answer for each of the following questions.

  1. Economists say that a substantial drop in oil prices--like the one the U.S. is experiencing now--has the same effect on the U.S. economy as

    a a tax cut.

    b a tax hike,

    c a natural disaster,

    d a major recession.

  2. All of the following except -- are oil-producing countries that are hostile to American interests.

    a Venezuela

    b Russia

    c Mexico

    d Iran

  3. The U.S. recently became the world's top oil producer, surpassing longtime leader --

    a Iraq.

    b Iran.

    c United Arab Emirates.

    d Saudi Arabia.

  4. According to the article, a concern that some have about hydraulic fracturing technology is that

    a it extracts natural gas but not oil.

    b it can't produce enough oil to meet rising U.S. demand.

    c it may contaminate water supplies,

    d none of the above

  5. Which statement about recent demand for oil is true?

    a Americans have been driving a greater number of miles, causing a sharp rise in domestic demand,

    b Sagging European economies have caused a global increase in demand.

    c Fuel-efficient cars have helped drive a decline in demand.

    d OPEC has cut back production, contributing to a decline in demand.

  6. Who's likely to applaud the recent low gas prices?

    a environmentalists

    b employees in the oil industry

    c drivers

    d all of the above

    IN-DEPTH QUESTIONS

  7. Evaluate what lower gas and oil prices might mean for your community. Is the overall effect positive or negative? --

  8. To what extent should Americans change their habits and behaviors to...

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