Harvey Sends Gas Prices to Highest Level in Two Years

Harvey Sends Gas Prices to Highest Level in Two Years

Assessment

Interactive Video

Business

University

Hard

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The video discusses the potential impact of a storm on the US oil and gas infrastructure, focusing on price changes and the spread between Brent and WTI. It also examines the effects of Hurricane Harvey on the Treasury market, considering the financial implications for insurers and the movement of Treasury yields.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary concern regarding the storm's impact on the US oil and gas infrastructure?

The potential increase in oil production

The rise in renewable energy sources

The possible underestimation of its impact on prices

The decrease in natural gas consumption

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to monitor the spread between Brent and T?

It indicates the level of oil reserves

It shows the fluctuation in natural gas prices

It reflects changes in global oil demand

It helps assess the impact on WTI prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could help push WTI prices back above $50?

A rise in natural gas prices

An increase in renewable energy usage

A decrease in oil production

Narrowing of the T and Brent spread

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might insurers respond financially to the impact of Hurricane Harvey?

By investing in renewable energy

By reducing their insurance premiums

By increasing their oil reserves

By selling some of their bond holdings

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the movement of the benchmark 10-year Treasury yield following Hurricane Harvey?

It increased by 5 basis points

It increased by 10 basis points

It remained unchanged

It decreased by 3 basis points