1. What percent of the world’s 10 biggest oil and natural gas companies based on reserves are owned and operated by foreign governments?
Total N=1,528 | Answers (correct answers in bold) |
| 6% | 25% |
| 17% | 50% |
| 42% | 75% |
| 6% | 100% |
| 29% | Not Sure |
Source: Oil & Gas Journal, September 17, 2007, page 36.
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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?
Total N=1,528 | Answers (correct answers in bold) |
| 30% | Among the top 3 oil reserve holders |
| 22% | Among 4th to 8th oil reserve holders |
| 12% | Among 9th to 13th oil reserve holders |
| 8% | Not among the top 13 largest oil reserve holders |
| 28% | Not Sure |
Source: The Role of National Oil Companies in the International Oil Market, August 21, 2007, page CRS-3.
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3. What percent of the world’s proven oil reserves do U.S. oil companies control?
Total N=1,528 | Answers (correct answers in bold) |
| 16% | 0% to less than 10% |
| 27% | 11% to less than 20% |
| 17% | 21% to less than 30% |
| 9% | 31% to less than 40% |
| 30% | Not Sure |
Source: Oil & Gas Journal, December 24, 2007. pages 24-25.
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4. According to 2007 government projections, about what percent of global energy demand in 2030 will be met by fossil fuels, such as oil, natural gas and coal?
Total N=1,528 | Answers (correct answers in bold) |
| 15% | 20% |
| 21% | 40% |
| 19% | 60% |
| 12% | 80% |
| 34% | Not Sure |
Source: IEA, World Energy Outlook 2007, Page 74, Table 1.1.
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5. In 2007, how many cents did the U.S. oil and natural gas industry earn on every dollar of sales?
Total N=1,528 | Answers (correct answers in bold) |
| 13% | 0 to 10 cents |
| 17% | 11 to 20 cents |
| 11% | 21 to 30 cents |
| 27% | 31 to 40 cents |
| 32% | Not Sure |
Source: Oil Daily, March 17, 2008, Profit Profile section.
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6. What percentage of U.S. oil companies’ stocks are owned by pension plans and retirement accounts?
Total N=1,528 | Answers (correct answers in bold) |
| 10% | 0% to 15% |
| 16% | 16% to 30% |
| 15% | 31% to 45% |
| 13% | 46% to 60% |
| 45% | Not Sure |
Source: SONECON Report: The Distribution of Ownership of U.S. Oil and Gas
Companies, September 2007.
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7. What percent of U.S. oil companies’ stocks are owned by corporate insiders?
Total N=1,528 | Answers (correct answers in bold) |
| 6% | 0 to 5 percent |
| 12% | 6 to 15 percent |
| 11% | 16 to 25 percent |
| 35% | More than 25% |
| 37% | Not Sure |
Source: SONECON Report: The Distribution of Ownership of U.S. Oil and Gas
Companies, September 2007.
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8. In the first quarter of 2008, the price of crude oil has accounted for what percent of gasoline prices at the pump?
Total N=1,528 | Answers (correct answers in bold) |
| 7% | 0 to 20 percent |
| 18% | 21 to 40 percent |
| 24% | 41 to 60 percent |
| 22% | 61 to 80 percent |
| 28% | Not Sure |
Source: U.S. DOE on average for January-March 2008. http://tonto.eia.doe.gov/oog/info/gdu.gaspump.html.
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9. In the first quarter of 2008, federal, state and local taxes accounted for what percentage of gasoline prices at the pump?
Total N=1,528 | Answers (correct answers in bold) |
| 7% | 0 to 5 percent |
| 21% | 6 to 10 percent |
| 20% | 11 to 15 percent |
| 26% | 16 to 20 percent |
| 26% | Not Sure |
Source: U.S. DOE on average for January-March 2008. http://tonto.eia.doe.gov/oog/info/gdu.gaspump.html.
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10. In the first quarter of 2008, refining, distribution and service station costs accounted for what percent of gasoline prices at the pump?
Total N=1,528 | Answers (correct answers in bold) |
| 14% | 0 to 10 percent |
| 22% | 11 to 20 percent |
| 17% | 21 to 30 percent |
| 15% | 31 to 40 percent |
| 33% | Not Sure |
Source: U.S. DOE on average for January-March 2008. http://tonto.eia.doe.gov/oog/info/gdu.gaspump.html.
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11. 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?
Total N=1,528 | Answers (correct answers in bold) |
| 15% | 25% |
| 15% | 45% |
| 14% | 65% |
| 17% | 85% |
| 40% | Not Sure |
Source: MMS, “Oil and Gas Resources in OCS Areas Unavailable for Leasing and
Development.” May 2007.
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12. From 2000 through 2005, U.S. oil and gas companies invested how many billions of dollars on emerging energy technologies in North America (such as biomass, wind, solar, alternative fuel vehicles, gas-to-liquids and oil shale)?
Total N=1,528 | Answers (correct answers in bold) |
| 30% | $1 to less than $25 billion |
| 14% | $25 to less than $50 billion |
| 11% | $50 to less than $75 billion |
| 6% | $75 to $100 billion |
| 38% | Not Sure |
Source: Oil and Gas Industry Investments in Alternative Energy, Frontier Hydrocarbons
and Advanced End-use Technologies, IER/CEE. May 2006.
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13. According to Oil & Gas Journal, at 2007 production rates, about how many years will the global “known reserves” of oil last?
Total N=1,528 | Answers (correct answers in bold) |
| 16% | 10 to 20 years |
| 20% | 21 to 40 years |
| 14% | 41 to 60 years |
| 14% | 61 to 80 years |
| 36% | Not Sure |
Source: Oil & Gas Journal, Worldwide Report, December 24, 2007.
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14. According to 2008 projections, what percentage of U.S. energy use is currently supplied by renewable sources?
Total N=1,528 | Answers (correct answers in bold) |
| 37% | 0% to less than 10% |
| 22% | 11% to less than 20% |
| 7% | 21% to less than 30% |
| 2% | 31% or more |
| 32% | Not Sure |
Source: EIA, Annual Energy Outlook 2008, Table A1.
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15. According to 2008 projections, what percentage of U.S. energy use will be supplied by renewable sources by 2030?
Total N=1,528 | Answers (correct answers in bold) |
| 10% | 0% to less than 10% |
| 23% | 11% to less than 20% |
| 18% | 21% to less than 30% |
| 13% | 31% or more |
| 36% | Not Sure |
Source: EIA, Annual Energy Outlook 2008, Table A1.
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16. If corn ethanol were to replace gasoline, what percentage of U.S. passenger cars could be fueled using all of the corn harvested in 2006?
Total N=1,528 | Answers (correct answers in bold) |
| 30% | 0 to 15% |
| 17% | 16% to 30% |
| 11% | 31% to 45% |
| 8% | 46% to 60% |
| 33% | Not Sure |
Source: Office of Highway Policy Information – Federal Highway Administration,“Highway Statistics 2006.” Section V, Table VM-1. Last updated April 9, 2008. http://www.fhwa.dot.gov/policy/ohim/hs06/xls/vm1.xls
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17. In 2007, which of the following countries was the largest U.S. supplier of imported oil?
Total N=1,528 | Answers (correct answers in bold) |
| 59% | Saudi Arabia |
| 11% | Canada |
| 12% | Venezuela |
| 1% | China |
| 17% | Not Sure |
Source: EIA, Petroleum Supply Monthly, February 2008, Table 52 and 4. http://tonto.eia.doe.gov/dnav/pet/pet_move_impcus_a2_nus_ep00_im0_mbbl_a.htm;. May 2008.
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18. In 2007, what percent of oil the U.S. consumed came from the Persian Gulf countries?
Total N=1,528 | Answers (correct answers in bold) |
| 7% | Less than 15% |
| 15% | 16 to 30% |
| 23% | 31 to 45% |
| 32% | 46 to 60% |
| 24% | Not Sure |
Source: EIA, Petroleum Supply Monthly, February 2008, Table 52 and 4.
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19. In 2007, what percent of oil and natural gas the U.S. consumed was produced in North America?
Total N=1,528 | Answers (correct answers in bold) |
| 27% | Less than 15% |
| 25% | 16 to 30% |
| 14% | 31 to 45% |
| 8% | 46 to 70% |
| 25% | Not Sure |
Source: BP Statistical Review of World Energy 2007.
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20. In 2007, the U.S. imported about what percent of its oil?
Total N=1,528 | Answers (correct answers in bold) |
| 4% | 20% |
| 9% | 40% |
| 30% | 60% |
| 33% | 80% |
| 24% | Not Sure |
Source: EIA, Petroleum Supply Monthly, February 2008, Table 52 and 4.
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21. How much more energy will the United States need in the next 20 years?
Total N=1,528 | Answers (correct answers in bold) |
| 1% | 0 to 5 percent |
| 4% | 6 to 10 percent |
| 15% | 11 to 15 percent |
| 53% | 16 to 20 percent |
| 27% | Not Sure |
Source: EIA, Annual Energy Outlook 2008, Table A1.
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22. Assuming huge increases in alternative energy sources, what percentage of the U.S. energy demand will be met by oil and natural gas in 2030?
Total N=1,528 | Answers (correct answers in bold) |
| 11% | 0 to 15 percent |
| 19% | 16 to 30 percent |
| 20% | 31 to 45 percent |
| 16% | 46 to 60 percent |
| 34% | Not Sure |
Source: SOURCE: EIA, Annual Energy Outlook 2008, Table A1.
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23. Since 1985, U.S. refining capacity has_____________.
Total N=1,528 | Answers (correct answers in bold) |
| 8% | Increased by 20% |
| 13% | Increased by 10% |
| 24% | Stayed the same |
| 16% | Decreased by 10% |
| 11% | Decreased by 20% |
| 28% | Not Sure |
Source: EIA, Number and Capacity of Petroleum Refineries, http://www.eia.doe.gov/oil_gas/petroleum/data_publications/refinery_capacity_data/refcapacity.html.
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