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Practice Listening: Multiple Choice, Multiple Answers ID: #4147 Medium Oil
Instructions ›
Listen to the recording and answer the question by selecting all the correct responses. You will need to select more than one response.
Presenter: Oil is back in the news. I have with me today economist Dr Geoffrey Rodham, and writer and activist Susan Crane. Firstly, Dr Rodham, for those of us old enough to remember the oil crises of 1973, or the early eighties, this all seems rather familiar.
Dr Rodham: Well, in fact the situation is far more complicated now. There have been a whole string of events: Iraq is one obvious factor, but then there are the threats to oil companies in Nigeria, the crisis surrounding Yukos in Russia, not to mention the weather.
Presenter: The weather?
Dr Rodham: Yes, the hurricanes in the Gulf of Mexico over the summer have affected US supplies and contributed to the sort of prices we are seeing at the moment. And another difference today is the lack of spare capacity around, combined with much lower than average reserves.
Presenter: Susan?
Susan Crane: Well, I’d like to think that high prices at the pump will start to concentrate a few minds, especially in the US. Even if oil prices go back down again, we are not talking about an inexhaustible supply. Governments and producers should be seeing this as an opportunity to take a more serious look at alternatives.

What does the speaker say are the basic factors that are affecting the oil supply to the US?

* Click on the correct answers

Result:

AI explanationShows the answer. Tap to open.
Option 2: "Quite less reserves left"

Explanation: This option is correct as Dr. Rodham explicitly states that there is a 'lack of spare capacity around, combined with much lower than average reserves.' This indicates that the reserves are indeed limited, which is a significant factor affecting oil supply.

Option 1: "Less supply of raw material"

Explanation: This option is incorrect because the text does not mention a direct correlation between raw material supply and the current oil situation. Instead, it discusses specific factors like geopolitical issues and weather events.

Option 3: "Lack of spare capacity from before"

Explanation: This option is correct because Dr. Rodham mentions the 'lack of spare capacity' as a current issue. This lack of capacity contributes to the overall oil supply situation, making it a relevant factor.

Option 4: "Money crisis all over"

Explanation: This option is incorrect as the text does not reference a money crisis as a factor affecting oil supply. The discussion focuses on geopolitical events and environmental factors rather than economic crises.

Option 5: "Raging hurricanes during summer"

Explanation: This option is correct because Dr. Rodham specifically mentions that 'the hurricanes in the Gulf of Mexico over the summer have affected US supplies.' This directly links the weather events to the oil supply issue.

Option 6: "Worsening climatic conditions all through the year"

Explanation: This option is incorrect as it generalizes climatic conditions without specific reference in the text. The text only mentions hurricanes as a specific event affecting oil supply, not a year-round climatic issue.

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