Assuming Everything Else Equal, the Most Cost-Efficient Way for British

question 63

Multiple Choice

Assuming everything else equal, the most cost-efficient way for British Petroleum to transport crude oil from remote oil drilling sites in central Alaska to shipping terminals on the Alaskan coast would be

• A)waterways.
• B)intermodal transportation.
• C)tanker trucks.
• D)railroads.
• E)pipelines.

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Definitions:

Petroleum

A general term for naturally occurring hydrocarbons, whether liquid, gaseous, or solid.

Thick Shale

Refers to a substantial accumulation of shale rock, which is a fine-grained sedimentary rock formed from clay and silt.

Limestone

A sedimentary rock mainly composed of calcium carbonate, formed either by direct precipitation from marine water or through the accumulation of shell, coral, and algal debris.

Sandstone

a sedimentary rock consisting primarily of sand-sized minerals or rock grains, most commonly quartz.