Oil jumps on Egypt jitters

Jan 31 – Crude oil prices rose to a 27-month high on the New York Mercantile Exchange on concerns about unrest in Egypt- a major transportation hub in the Middle East region. Bobbi Rebell reports.

 


Oil jumps on Egypt jitters – answers

questions

  1. Which verb is used to describe the increase in oil prices?
  2. When were oil prices last this high?
  3. What is one possible cause of the increase?
  4. Why could unrest in Egypt be a problem to the oil industry?
  5. Where might there be a serious supply disruption?
  6. How many barrels of oil go through the canal each day?
  7. What might higher prices create?
  8. What kind of welfare are people provided with according to the speaker?
  9. Why is this welfare provided?
  10. What will be high priority?

 

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