Oil
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Questions and Answers

What is the process of separating oil from tar sands?

  • Adding bitumen, caustic soda, and hot water (correct)
  • Adding sand, caustic soda, and cold water
  • Adding bitumen, cold water, and sand
  • Adding oil, caustic soda, and hot water
  • Where was crude oil discovered in 1859, starting the modern petroleum extraction industry?

  • Louisiana
  • California
  • Pennsylvania (correct)
  • Texas
  • What is the primary component of oil shale?

  • Carbon
  • Hydrocarbons (correct)
  • Hydrogen
  • Nitrogen
  • What do tar sands consist of?

    <p>Deposits of loose grained rock bonded together by bituminous material</p> Signup and view all the answers

    What is petroleum?

    <p>Liquid deposits of hydrocarbon material deposited within the earth's crust</p> Signup and view all the answers

    What are the three categories of oil reserves?

    <p>Proven, probable, and possible reserves</p> Signup and view all the answers

    What is the name of the hydrocarbon-containing waxy solid found in oil shale?

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

    Which country began oil production in 1911, starting with Iran and leading to discoveries in Iraq and Saudi Arabia?

    <p>The Middle East</p> Signup and view all the answers

    What is the method used to extract heavy oil from buried petroleum deposits?

    <p>Steam injection</p> Signup and view all the answers

    Hydrocarbons in oil shale are contained in a waxy solid known as ____.

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

    What are the pre-requisites for the formation of oil?

    <p>Suitable source of marine deposits contained within source rocks</p> Signup and view all the answers

    Which region was not an initial focus of exploration efforts for oil?

    <p>South America</p> Signup and view all the answers

    Which region became a source of oil with new discoveries in Great Britain and Norway due to natural gas discovery in 1965?

    <p>The North Sea</p> Signup and view all the answers

    When did the exploitation of Athabaska oil sands begin?

    <p>1967</p> Signup and view all the answers

    Which country has the largest deposits of oil shale?

    <p>United States</p> Signup and view all the answers

    What is the origin of oil shale?

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

    What caused the oil price to drop to $10 by mid-1986?

    <p>Oil industry slump</p> Signup and view all the answers

    What is the probability of economically recovering proven reserves?

    <p>Greater than 90%</p> Signup and view all the answers

    Which country began oil production in 1911, starting with Iran and leading to discoveries in Iraq and Saudi Arabia?

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

    Where are modern day petroleum deposits found?

    <p>Within sedimentary basins</p> Signup and view all the answers

    What happens when oil shale is heated in a closed container?

    <p>Volatile material is eliminated, resulting in oil</p> Signup and view all the answers

    Which countries hold a greater share of global oil reserves?

    <p>Non-OECD countries</p> Signup and view all the answers

    How much oil can be mined with current technology from the Athabaska oil sands?

    <p>300 billion barrels</p> Signup and view all the answers

    How is heavy crude oil forced to the surface for processing?

    <p>By steam injection</p> Signup and view all the answers

    What is the main challenge in large-scale production of oil shale?

    <p>Environmental impacts</p> Signup and view all the answers

    Which of the following countries was not mentioned as an important oil producer in the early 1900s?

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

    What is the estimated yield of oil per day from 3 million tonnes of shale processed during the early 20th century?

    <p>5000 barrels</p> Signup and view all the answers

    Where can the largest deposits of heavy oil in the world be found?

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

    Which organization holds a majority share of global oil reserves?

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

    What events affect oil prices?

    <p>Gulf Wars and OPEC's control</p> Signup and view all the answers

    What is Canada's share of global oil reserves?

    <p>9.7%</p> Signup and view all the answers

    Where are the largest deposits of oil shale located?

    <p>United States</p> Signup and view all the answers

    What are some of the problems associated with non-conventional sources of oil?

    <p>Environmental impacts</p> Signup and view all the answers

    When did oil prices range from $25-30?

    <p>Early 2000s</p> Signup and view all the answers

    When did oil prices range from $40-50?

    <p>2004-2005</p> Signup and view all the answers

    In what year did global oil consumption decline for the first time since 2009?

    <p>2020</p> Signup and view all the answers

    Which regions saw the highest declines in oil consumption in 2020?

    <p>US and EU</p> Signup and view all the answers

    What is the peak oil theory?

    <p>Predicts production will decline and prices will go up</p> Signup and view all the answers

    When does the International Energy Agency predict peak oil?

    <p>Around 2030</p> Signup and view all the answers

    What caused the oil price to increase from $2 to $12 per barrel in 1973?

    <p>Supply disruptions due to the Yom Kippur War</p> Signup and view all the answers

    Which countries saw the largest declines in oil production in 2020?

    <p>Russia, Libya, and Saudi Arabia</p> Signup and view all the answers

    What alleviated difficulties in the 1980s?

    <p>Increased production by non-OPEC countries</p> Signup and view all the answers

    What is the R/P ratio for global proven oil reserves in 2020?

    <p>53.5 years</p> Signup and view all the answers

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