Non-Renewable Energy Resources Quiz
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Questions and Answers

What are the major technological advances in oil and gas in the last thirty years?

  • Advancements in horizontal drilling and hydraulic fracturing (correct)
  • Enhanced methods for offshore oil exploration
  • Development of more efficient oil transportation methods
  • Improved refining techniques for crude oil
  • Why do mining companies diversify their portfolio and exploit different minerals?

  • To gain political influence in different regions
  • To mitigate the risks associated with fluctuations in commodity prices (correct)
  • To monopolize the market for specific minerals
  • To reduce environmental impact by spreading extraction activities
  • How does a company decide to invest in a mining project?

  • By considering the potential impact on local communities
  • Based solely on the availability of government subsidies
  • By relying on historical data of mineral prices
  • After evaluating the geological potential and economic feasibility (correct)
  • What are the key differences between hydrocarbon exploitation and mining?

    <p>The extraction methods and environmental impact</p> Signup and view all the answers

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