Topic: Importance and relationship between OIL, MONEY, and FINANCE.
1) Name 2 different oil prices. Why is there a difference?
2) What is a barrel of oil? Why is it measured? How is it moved from origin to destination?
3) Name the several sub-sectors in the oil industry?
4) How much world debt in associated with oil production?
5) Why are pipelines important?
6) What is an oil MLP? Give examples. Explain how they work.
7) What is fracking (hydraulic fracturing)? Why is it so controversial?
8) What is the oil glut that is being mentioned?
9) Where is oil stored for the long term?
10) Provide the dollar volume and number of barrels that the major oil producing countries generate?