Diesel Price Spike at 'Biblical Proportions,' Says Blas
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Business, Architecture
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the global pricing point for diesel?
Los Angeles Harbor
New York Harbor
Houston Port
Miami Port
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are diesel prices particularly important in Europe?
Europe has the largest diesel reserves
Diesel is the primary fuel for European transportation and industry
Diesel is used for heating in Europe
Europe exports the most diesel globally
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one major reason for the unexpected decline in crude oil prices?
A decrease in global oil consumption
New oil discoveries in the Arctic
China's reduced demand for oil
Increased production in the Middle East
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the release of crude oil from strategic reserves affected the market?
It has increased diesel prices
It has reduced pressure on crude oil prices
It has led to a surplus of diesel
It has caused a shortage of jet fuel
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the 'middle of the barrel' referring to in the context of this discussion?
Natural gas
Gasoline
Diesel and jet fuel
Crude oil
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