Commodities – Oil Quiz 36 Created on November 11, 2020 By Eddie Vorman Commodities – Oil Quiz Oil is one of the most famous commodities in the world. It's not called black gold for nothing, after all. But how much do you know about this immensely profitable investment? Let's see if you can answer some basic questions about it: 1 / 11 Please, choose the dominant component of natural gas: Oxygen Hydrogen Nitrogen Methane 2 / 11 Do you know the standard size for a barrel of oil measured in gallons? 55 159 42 26 3 / 11 Captain A. F. Lucas, the mining engineer, drilled an oil well near Beaumont, Texas. As a result, a gusher erupted on January 10, 1901, spewing oil for nine days before it was brought under control. Do you know the name of the hill that this well was located? Hill 937 Spindletop Bakken Eagle Ford 4 / 11 Do you know the name of the formation that occupies approximately 200,000 square miles of the subsurface of the Williston Basin, and is beneath parts of Montana, North Dakota, Manitoba, and Saskatchewan? Bakken Big Valley Spearfish Torquay 5 / 11 Choose the country, which is currently not a member of OPEC: Brazil Saudi Arabia Nigeria Angola 6 / 11 Which country produced the most oil in 2015? Saudi Arabia United States Russia China 7 / 11 Can you tell us approximately how many gallons of gasoline are produced from one barrel of crude oil? 55 42 5 19 8 / 11 The United States’ top oil-producing state since 2016 is: Alaska Oklahoma North Dakota Texas 9 / 11 Which state in the United States has had the highest effective gasoline tax since February 2016: California Pennsylvania Hawaii New York 10 / 11 What is the time period when well drilling begins known as: Start Date Drill Date Spud Date Cap Date 11 / 11 What do engineers call an area, which has a well drilled in but hasn’t previously produced oil or gas? Wildcat Newbie Tomcat Offset Well Your score isThe average score is 35% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Support Platform Spread Trading Instrument Comments Rating 0 (0 reviews)
