Misconceptions/Myths About Oil & Gas
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Questions and Answers

True or False: The world is on the brink of running out of oil.

False

True or False: Renewable energy sources are becoming increasingly competitive.

True

True or False: All oil spills have catastrophic and irreversible consequences.

False

True or False: The world is entirely dependent on oil and gas for its energy needs

<p>False</p> Signup and view all the answers

True or False: The oil and gas industry universally resists technological innovation.

<p>False</p> Signup and view all the answers

True or False: All oil and gas operations contribute equally to greenhouse gas emissions.

<p>False</p> Signup and view all the answers

True or False: Oil prices always follow a predictable trend of either rising or falling.

<p>False</p> Signup and view all the answers

True or False: The entire oil and gas industry is indifferent to environmental concerns.

<p>False</p> Signup and view all the answers

True or False: The transition from fossil fuels to renewable energy can happen overnight.

<p>False</p> Signup and view all the answers

True or False: Unconventional sources can meet the world's energy demands indefinitely.

<p>False</p> Signup and view all the answers

True or False: Americans are the biggest consumers of the most oil in the world.

<p>True</p> Signup and view all the answers

True or False: All oil companies consistently make exorbitant profits.

<p>False</p> Signup and view all the answers

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