Which of the following countries was NOT among the eight that accounted for 94% of the world's oil production in 1938?

Which of the following countries was NOT among the eight that accounted for 94% of the world's oil production in 1938?

• A. United States
• B. Canada
• C. Romania
• D. Iran

Answer: (B)

In 1938, oil production was dominated by a small group of countries with very large, well-established oil industries and fields. Those eight nations together produced about 94% of the world’s oil, led by the United States and including others like the Soviet Union, Romania, Iran, Mexico, and Venezuela. Canada, while producing oil, did not have production volumes on par with those giants at that time, so it did not belong to that top-eight group. That’s why Canada is the correct choice.

In 1938, oil production was dominated by a small group of countries with very large, well-established oil industries and fields. Those eight nations together produced about 94% of the world’s oil, led by the United States and including others like the Soviet Union, Romania, Iran, Mexico, and Venezuela. Canada, while producing oil, did not have production volumes on par with those giants at that time, so it did not belong to that top-eight group. That’s why Canada is the correct choice.