Gas Prices Surge as Russia Makes Good on Supply Threat

Gas Prices Surge as Russia Makes Good on Supply Threat

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the immediate market reaction to Russia's decision to cut off natural gas supplies to Europe?

A decrease in gas prices

Stability in gas prices

A surge in gas prices

A decrease in electricity demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country is at risk of having its gas supply cut off by Russia, according to the transcript?

Spain

Germany

Italy

France

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Europe primarily trying to boost in response to the gas supply cut?

Coal imports

Nuclear energy production

Oil production

Liquefied natural gas imports

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country is the world's largest importer of LNG, posing competition to Europe?

Brazil

China

Australia

India

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential global impact of Europe's search for alternative gas supplies?

Decreased gas prices worldwide

Increased competition and higher prices

Stability in global gas markets

Increased gas supply in South America