Cohen Says Yet to See Full Impact From Harvey on Oil

Cohen Says Yet to See Full Impact From Harvey on Oil

Assessment

Interactive Video

Business

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the impact of a hurricane on production, demand, and refined products, particularly in the Houston and Corpus Christi areas. It highlights the suspension of drilling activities and the reduction in crude output. The video also explores the availability of commercial and government inventories to mitigate the impact and the potential reconfiguration of OPEC production quotas.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the primary impacts of the hurricane discussed in the first section?

Healthcare, education, and infrastructure

Tourism, agriculture, and transportation

Production, demand, and refined products

Technology, finance, and retail

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which area is highlighted as a significant global energy hub in the first section?

Los Angeles

Miami

Houston Corpus Christi corridor

New York City

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action have companies taken in response to the hurricane's impact in the second section?

Increased production

Suspended drilling and completion activities

Expanded export operations

Opened new refineries

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the potential solutions to the production shortfall mentioned in the third section?

Increasing tourism

Using commercial and government inventories

Building new infrastructure

Reducing energy consumption

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might OPEC respond to long-lasting production impacts according to the third section?

By increasing tourism

By reconfiguring production quotas

By reducing energy consumption

By building new refineries