Chevron CEO Sees `Strong' Demand Despite Concerns Over Global Economy
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Business, Architecture, Engineering
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How have OPEC and Russia responded to the increase in shale production from the United States?
They have ignored the changes in the market.
They have increased their own production.
They have formed a new alliance with the U.S.
They have reduced their production to stabilize the market.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant advantage of shale production compared to other types of oil investments?
Longer production time
Higher production costs
Lower break-even price
Higher environmental impact
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk associated with the growth targets for the Permian shale production?
Oversupply leading to lower prices
Decreased global demand for oil
Increased environmental regulations
Lack of technological advancements
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is technology improving shale production?
By eliminating the need for water in the process
By using machine learning to optimize well placement
By reducing the cost of labor
By increasing the number of drilling sites
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What percentage of hydrocarbons is currently being recovered from shale formations?
9-10%
20-30%
70-80%
50-60%
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