What was the primary reason for OPEC's significant influence during the 1973 oil embargo?
The Beginning of the End for OPEC

Interactive Video
•
Business, Architecture
•
University
•
Hard
Quizizz Content
FREE Resource
Read more
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
OPEC's investment in renewable energy
OPEC's collaboration with non-OPEC countries
OPEC's control over more than half of the world's oil production
OPEC's technological advancements
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did global oil dynamics change by the mid-1980s?
Global oil demand decreased significantly
Oil prices remained stable
OPEC's market control decreased to less than 30%
OPEC increased its market share
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What event in 2008 marked a significant change in U.S. oil production?
A decrease in global oil demand
The resurgence of U.S. oil production due to shale resources
The discovery of new oil fields in the Middle East
A new oil embargo
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What challenge does OPEC face with the rise of shale oil production?
Shale oil is only available in limited regions
Shale oil has a lower environmental impact
Shale oil producers can quickly fill market gaps
Shale oil is more expensive to produce
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What internal issue is affecting OPEC's cohesion?
Technological disparities among members
Economic sanctions on all members
Conflicts between key members like Saudi Arabia and Iran
A unified strategy for renewable energy
Similar Resources on Quizizz
6 questions
OPEC Will Try and Manage Oil Price Decline, Says Marex Spectron's Wolf

Interactive video
•
University
6 questions
OPEC Politics on the Path to an Oil Output Deal

Interactive video
•
University
6 questions
Pulling Back: OPEC Predicts the World Needs Less of Its Oil

Interactive video
•
University
6 questions
Saudi Arabia to Get Its Way on OPEC+ Production Cuts: Energy Aspects

Interactive video
•
University
3 questions
Will the OPEC Oil Output Deal Hold?

Interactive video
•
University
6 questions
Is the Oil Glut Coming to an End?

Interactive video
•
University
3 questions
Why Cheap Oil Is Bad for the U.S. Economy

Interactive video
•
University
3 questions
Will 2017 Usher in the Return of OPEC?

Interactive video
•
University
Popular Resources on Quizizz
15 questions
Multiplication Facts

Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz

Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set

Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025

Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)

Quiz
•
9th - 12th Grade
15 questions
June Review Quiz

Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles

Quiz
•
8th Grade
25 questions
Triangle Inequalities

Quiz
•
10th - 12th Grade