Hurricane Harvey's Impact on the Energy Markets

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Business, Social Studies, Architecture, Biology
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has shale production influenced oil and gas prices?
No change in gas prices
Decreased pressure on oil prices
Increased pressure on oil prices
Decreased gas prices
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one of the immediate actions taken by refineries in response to Hurricane Harvey?
Moved operations inland
Increased production
Reduced gasoline prices
Shutdown of operations
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the market react to the changes in natural gas supply and demand due to Hurricane Harvey?
Both supply and demand were equally affected
No change in market reaction
Demand was seen as more detrimental
Supply was seen as more detrimental
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary cause of demand destruction for natural gas during Hurricane Harvey?
Increased production
Power outages
Higher gas prices
Increased demand for gasoline
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the expected storm surge height during Hurricane Harvey?
Up to 20 feet
Up to 25 feet
Up to 15 feet
Up to 10 feet
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