Previous year MCQs

UPPSC 1998 GS-I World Geography
Question

Which of the following statements are true regarding petroleum?

I. Nearly 60 per cent of the world’s petroleum reserves are found in the Middle East.
II. Alaska has proved petroleum resources comparable to Texas.
III. The U.S.A. is both a major producer and a major Importer of petroleum.

Select the correct answer from the codes given below:
Codes:

Answer & Solution

Answer: (Detailed Solution Below)

Option C: I and III are correct

Detailed Solution:

The correct answer is “I and III are correct”.
1) Most of the world's petroleum can be found in the Middle East, which has about 60% of the world's oil reserves.

2) While Alaska does have significant oil reserves, they are not comparable to the vast resources found in Texas. Texas is a major oil-producing state in the U.S.

3) The U.S. is a major producer of oil, but it also imports a significant amount to meet its energy demands.

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