Trump's Plan to Sell Off Half of U.S. Oil Reserve

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Business, Architecture
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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
What is the total amount of crude oil the administration plans to sell from the reserve over the next decade?
270 million barrels
530 million barrels
600 million barrels
450 million barrels
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the main concerns critics have about the proposed oil sales?
It will cause job losses in the oil sector.
It will increase oil prices significantly.
It will deplete the reserve's emergency buffer.
It will lead to environmental damage.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential benefit of opening the Arctic National Wildlife Refuge for oil development?
Decrease in operational costs
Discovery of large oil reserves
Immediate increase in oil prices
Reduction in global oil supply
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might energy companies be hesitant to explore the Arctic National Wildlife Refuge?
Lack of government support
High operational costs and existing supply
Environmental regulations
Insufficient oil reserves
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one strategy Alaska is considering to maintain the Trans Alaska pipeline system?
Increasing oil imports
Reducing oil production
Building new pipelines
Bringing oil online from ANWR
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