1. What percentage of the world’s 10 biggest oil and natural gas companies are owned and operated by foreign governments?
% of responses response (correct answer in bold)
11% 5%
21% 50%
41% 75%
2% 100%
25% Not sure
Source: Petroleum Intelligence Weekly, December 18, 2006, p. 1.
--------------------------------------------------------------------------------
2. Where does ExxonMobil, the largest U.S. oil and natural gas company, rank in size among the world’s largest holders of oil reserves?
% of responses response (correct answer in bold)
36% Among the top 3 oil reserve holders
20% Among 4th to 6th oil reserve holders
10% Among 7th to 10th oil reserve holders
8% Not among the top 10 largest oil reserve holders
26% Not sure
Source: Petroleum Intelligence Weekly, December 18, 2006, p. 1.
--------------------------------------------------------------------------------
3. What percentage of the world’s proven oil reserves do U.S. oil companies control?
% of responses response (correct answer in bold)
14% 0% to less than 10%
26% 10% to less than 20%
22% 20% to less than 30%
12% 30% to less than 40%
27% Not sure
Source: Oil and Gas Journal, December 19, 2005, pp. 24-25.
--------------------------------------------------------------------------------
4. According to 2006 projections, what percentage of global energy demand in 2030 will be met by fossil fuels, such as oil, natural gas and coal?
% of responses response (correct answer in bold)
16% 21%
15% 41%
20% 61%
14% 81%
35% Not sure
Source: IEA, "World Energy Outlook 2006," p. 66, Table 2:1.
--------------------------------------------------------------------------------
5. What percentage of U.S. domestic energy needs are currently met by imports?
% of responses response (correct answer in bold)
4% 10% to less than 25%
11% 25% to less than 40%
30% 40% to less than 60%
32% 60% to less than 80%
22% Not sure
Source: EIA, "Monthly Energy Review," April 2007, Table 1:1.
--------------------------------------------------------------------------------
6. In 2006, how many cents did the U.S. oil and natural gas industry earn in profit on every dollar of gasoline sales?
% of responses response (correct answer in bold)
6% 1 to 5 cents
14% 6 to 10 cents
12% 11 to 15 cents
42% 16 to 20 cents
27% Not sure
Source: API calculation based on Oil Daily, Profile section, March 14, 2007, pp. 10-11.
--------------------------------------------------------------------------------
7. What percentage of U.S. oil companies’ stocks are owned by pension plans and retirement accounts?
% of responses response (correct answer in bold)
9% 0% to 15%
17% 16% to 30%
16% 31% to 45%
11% 46% to 60%
46% Not sure
Source: SONECON Report, "The Economic Impact of the Windfall Profits Tax for Savers and Shareholders," November 2005, p. 11.
--------------------------------------------------------------------------------
8. On average in 2006, what percentage of your gasoline dollar went to the following factors? Please select each response only once.
(Correct answer in bold.)
Source: U.S. DOE on average for January-December 2006.
--------------------------------------------------------------------------------
9. Current government policy restricts access to what percentage of potential offshore U.S. oil and natural gas development sites off the coasts of the lower 48 states?
% of responses response (correct answer in bold)
17% 25%
16% 45%
16% 65%
11% 85%
41% Not sure
Source: MMS, "Report to Congress: Comprehensive Inventory of U.S. OCS Oil and Natural Gas Resources," February, 2006.
--------------------------------------------------------------------------------
10. From 2000 through 2005, U.S. oil and natural gas companies invested how many billions of dollars in emerging energy technologies in North America (such as biomass, wind, solar, alternative fuel vehicles, gas-to-liquids and oil shale)?
% of responses response (correct answer in blue)
34% $1 to less than $25 billion
16% $25 to less than $50 billion
7% $50 to less than 75 billion
7% $75 to 100 billion
35% Not sure
Source: IER/CEE, "Oil and Gas Industry Investments in Alternative Energy, Frontier Hydrocarbons and Advanced End-use Technologies," May 2006.
--------------------------------------------------------------------------------
11. According to Oil and Gas Journal, at 2006 production rates, how many years will the global "known reserves" of oil last?
% of responses response (correct answer in bold)
15% 20 years
19% 40 years
16% 50 years
14% 60 years
37% Not sure
Source: Oil and Gas Journal, WorldWide Report, December 18, 2006.
--------------------------------------------------------------------------------
12. According to 2007 data, what percentage of U.S. energy use is currently supplied by renewable sources?
% of responses response (correct answer in bold)
34% 0% to less than 10%
28% 10% to less than 20%
8% 20% to less than 30%
2% 30% or more
28% Not sure
Source: EIA, "Annual Energy Outlook 2007," p. 14,Table 1.
--------------------------------------------------------------------------------
13. According to 2007 projections, what percentage of U.S. energy will be supplied by renewable sources by 2030?
% of responses response (correct answer in bold)
5% 0% to less than 10%
27% 10% to less than 20%
22% 20% to less than 30%
12% 30% or more
34% Not sure
Source: EIA, "Annual Energy Outlook 2007," p.14, Table 1.
--------------------------------------------------------------------------------
14. What percentage of gasoline used in the U.S. would be replaced by ethanol, using current corn-based production technology, if every acre of corn was used for ethanol production exclusively?
% of responses response (correct answer in bold)
15% 0 to 10%
24% 11% to 25%
18% 26% to 40%
10% 41% to 55%
33% Not sure
Source: University of Minnesota, "Environmental, economic and energetic costs and benefits of biodiesel and ethanol biofuels," July 25, 2006.
--------------------------------------------------------------------------------
15. What percentage of cars on the road today are designed to operate using the fuel E-85 (a fuel mixture that is 15% gasoline and 85% ethanol)?
% of responses response (correct answer in bold)
46% 0% to 5%
19% 6% to 10%
6% 11% to 15%
5% 16% to 20%
23% Not sure
Source: EIA, "Annual Energy Outlook 2007," Regional and other detailed tables, Table 48.
--------------------------------------------------------------------------------
16. In 2030, what percentage of the U.S. light-duty car fleet will be made up of flexible fuel
vehicles able to run on E-85 (a fuel mixture that is 15% gasoline and 85% ethanol)?
% of responses response (correct answer in bold)
4% 0% to 6%
15% 7% to 10%
16% 11% to 15%
30% 16% to 20%
34% Not sure
Source: EIA, "Annual Energy Outlook 2007," Regional and other detailed tables, Table 48.
--------------------------------------------------------------------------------
17. In the history of the world, the energy industry has produced about a trillion barrels of oil and developed about another trillion into proved reserves for future production. How much recoverable conventional oil does the U.S. Geological Survey (USGS) estimate remains to be discovered in the future?
% of responses response (correct answer in bold)
25% About half of the oil that has already been produced
16% Between 1 and 2 times the amount of oil that has already been produced
13% Between 3 and 4 times the amount of oil that has already been produced
5% Between 5 and 6 times the amount of oil that has already been produced
40% Not sure
Source: USGS, World Petroleum Assessment 2000, Table AR-1.
--------------------------------------------------------------------------------
18. In 2006, which of the following countries was the largest U.S. supplier of oil?
% of responses response (correct answer in bold)
59% Saudi Arabia
17% Venezuela
9% Canada
1% China
14% Not sure
Source: EIA, "Petroleum Supply Monthly," February 2007, Table 38.
--------------------------------------------------------------------------------
19. In 2006, what percentage of oil the U.S. consumes came from the Persian Gulf countries?
% of responses response (correct answer in bold)
8% Less than 15%
17% 16 to 30%
25% 31 to 45%
27% 46 to 60%
23% Not sure
Source: EIA, "Petroleum Supply Monthly," February 2007, Table 4 and Table 52.
--------------------------------------------------------------------------------
20. In 2006, the U.S. imported what percentage of its oil?
% of responses response (correct answer in bold)
3% 20%
16% 40%
33% 60%
28% 80%
20% Not sure
Source: EIA, "Petroleum Supply Monthly," February 2007, Table 52 and Table 4.