Other Things Equal, Extracting Oil from Shale Becomes Economically Viable

question 175

Multiple Choice

Other things equal, extracting oil from shale becomes economically viable (same or lower cost than using conventionally extracted oil) when oil prices reach or more per barrel.

• A) $80
• B) $60
• C) $50
• D) $40

---

Definitions:

Medicaid Programs

State and federally funded programs that provide health coverage to eligible low-income adults, children, pregnant women, elderly adults, and people with disabilities in the United States.

Categorical Grants

Federal grants given to state or local governments for a specific purpose, subject to detailed federal conditions.

Proficiency

A high degree of competence or skill achieved in a particular area.

Math and Reading

Core educational subjects focusing on the study of numbers, operations, and relationships, along with the ability to understand written text.