Egr 240 - Exam 1 Questions & Answers 2024(Graded A +).

Fracking means what? {Ans: Fracking is a drilling technique in which cracks are created in gas source rocks}In the US, what are the two largest uses of natural gas, each accounting for roughly a third of all natural gas use? (Choose two) {Ans: electricity generation & industrial (primarily for industrial heating purposes as well as space heating)}Which country is not among the worlds top 3 oil producers? {Ans: Iceland}List the 4 main relationships between energy and countries. {Ans: 1. Energy vs GDP 2. Energy and GDP over time 3. Energy Intensity and industrialization 4. Energy and HDI}What major event/development caused change in the pattern of energy usage and sources in the 1700's? {Ans: Industrial Revolution}Name some consequences due to volatility of oil prices {Ans: unsteady market (more often invest in coal than oil because more consistent price)}What is the difference between crude oil and petroleum? {Ans: crude oil is from the ground and petroleum is the broader group that encompasses crude oils}In the USA, the majority of coal is used for what? {Ans: Electricity}Does biodiesel reduce greenhouse gases? {Ans: yes}How has the list of the world's top oil producers changed over