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Bunuel
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Manufacturers are welcoming the news that the ban on certain kinds of 27 Dec 2022, 02:30
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35% (medium)

Question Stats:

77% (02:08) correct 23% (02:14) wrong based on 177 sessions

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Manufacturers are welcoming the news that the ban on certain kinds of oil exports from the United States will soon be lifted, a move that will particularly benefit oil companies that produce unrefined oil such as condensate, allowing them to sell their oil overseas without having to make use of refineries. For this reason, the oil refining industry is likely to suffer heavy losses.

Which of the following questions most helps to evaluate the above argument?

A. Will the oil companies that want to export unrefined oil be able to do so using the same methods that they use to export refined oil?

B. Do the refineries that process oil for export themselves produce oil for supply to various buyers within the country?

C. Can companies currently seeking to export oil overseas do so without authorization from the Department of Commerce?

D. Will lifting the ban on some kinds of oil products lead to increased sales of exported oil, thereby boosting the country’s economy?

E. Does the oil refined for exporting form a considerable proportion of the business for the refining industry?


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Manufacturers are welcoming the news that the ban on certain kinds of 27 Dec 2022, 13:48
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E seems to be the optimum choice.

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Bunuel
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Manufacturers are welcoming the news that the ban on certain kinds of 28 Dec 2022, 02:18
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dhs0079
E seems to be the optimum choice.

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BPranav7
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Manufacturers are welcoming the news that the ban on certain kinds of 01 Jun 2026, 12:43
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Manufacturers are welcoming the news that the ban on certain kinds of oil exports from the United States will soon be lifted, a move that will particularly benefit oil companies that produce unrefined oil such as condensate, allowing them to sell their oil overseas without having to make use of refineries. For this reason, the oil refining industry is likely to suffer heavy losses.

Context: Certain ban is going to be lifted soon that would benefit OIL Companies.
Reason: They can skip refining & sell it directly.
Conclusion: Since Refineries will not be used as during the ban=>The refining industry will suffer HEAVY loss.

Which of the following questions most helps to evaluate the above argument?

A. Will the oil companies that want to export unrefined oil be able to do so using the same methods that they use to export refined oil?
=> Methods of exporting oil, same or different doesn't matter as its not going to reflect anything on refineries making loss.
B. Do the refineries that process oil for export themselves produce oil for supply to various buyers within the country?
=> Not talking about refineries making loss
C. Can companies currently seeking to export oil overseas do so without authorization from the Department of Commerce?
=> Dept Of Commerce is irrelevant
D. Will lifting the ban on some kinds of oil products lead to increased sales of exported oil, thereby boosting the country’s economy?
=> Boosting economy is okay, but what about Refineries ?

E. Does the oil refined for exporting form a considerable proportion of the business for the refining industry?
{ Used POE + Reasoning }
=>If Yes, its a considerable proportion of business => then Heavy loss
=>If No, its already doing less business=> Can't suffer Heavy loss
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