{"id":2895,"date":"2013-12-24T04:17:47","date_gmt":"2013-12-24T11:17:47","guid":{"rendered":"http:\/\/e-gmat.com\/blogs\/?p=2895"},"modified":"2022-11-15T17:54:08","modified_gmt":"2022-11-15T12:24:08","slug":"ogvr2-65-utrania-oil-exports","status":"publish","type":"post","link":"https:\/\/e-gmat.com\/blogs\/ogvr2-65-utrania-oil-exports\/","title":{"rendered":"OGVR2 #65 – Utrania Oil Exports"},"content":{"rendered":"A <\/span> 5<\/span> min read <\/span><\/span>\n

Which of the following most logically completes the argument?<\/p>\n\n\n\n

Utrania was formerly a major petroleum exporter, but in recent decades economic stagnation and restrictive regulations inhibited investment in new oil fields. In consequence, Utranian oil exports dropped steadily as old fields became depleted. Utrania’s currently improving economic situation, together with less-restrictive regulations, will undoubtedly result in the rapid development of new fields . However, it would be premature to conclude that the rapid development of new fields will result in higher oil exports, because ____________________________________________ .<\/p>\n\n\n\n

  1. the price of oil is expected to remain relatively stable over the next several years<\/li>
  2. the improvement in the economic situation in Utrania is expected to result in a dramatic increase in the proportion of Utranians who own automobiles<\/li>
  3.  most of the investment in new oil fields in Utrania is expected to come from foreign sources<\/li>
  4. new technology is available to recover oil from old oil fields formerly regarded as depleted<\/li>
  5. many of the new oil fields in Utrania are likely to be as productive as those that were developed during the period when Utrania was a major oil exporter<\/li><\/ol>\n\n\n\n

    Solution<\/span><\/span><\/strong><\/h1>\n\n\n\n

    Passage Analysis<\/strong><\/h2>\n\n\n\n
    <\/tr>
    Utrania was formerly a major petroleum exporter, but in recent decades economic stagnation and restrictive regulations inhibited investment in new oil fields.<\/td>Key-points from this statement:\n

     <\/p>\n

      \n
    1. Utrania= major petroleum exporter in the past<\/li>\n
    2. Situation with Utrania in recent times:\n
        \n
      1. Low investment in new oil fields<\/li>\n
      2. Reasons for this low investment:<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n

        i.      Economic stagnation<\/p>\n

        ii.      Restrictive regulations<\/p>\n<\/td><\/tr>

    In consequence, Utranian oil exports dropped steadily as old fields became depleted.<\/td>This statement shows how low investment in new oil fields led to a decline in Utrania\u2019s oil exports. According to this statement, Utranian oil exports declined as old fields became depleted.<\/td><\/tr>
    Utrania’s currently improving economic situation, together with less-restrictive regulations, will undoubtedly result in the rapid development of new fields.<\/td>From this statement we get to know that:\n

     <\/p>\n

      \n
    1. Utrania\u2019s economic situation is now improving<\/li>\n
    2. The regulations have become less restrictive<\/li>\n<\/ol>\n

      On the basis of the above two facts, the author states that new oil fields in Utrania will now see rapid development.<\/p>\n<\/td><\/tr>

    However, it would be premature to conclude that the rapid development of new fields will result in higher oil exports, because ____________________________________________ .<\/td>Key-points from this statement:\n

     <\/p>\n

      \n
    1. Author uses an opposite direction key-word: However<\/em><\/li>\n
    2. Author states that it is too early to conclude that the rapid development of new fields will lead to higher Utranian oil exports<\/li>\n
    3. Author uses a reasoning-key word: because<\/em><\/li>\n<\/ol>\n

      Since there is a blank at end of the passage and the use of word because<\/span><\/em> before it, we are required to complete the author\u2019s statement by citing a valid reason for his conclusion that it is too soon to conclude that the rapid development of new fields will lead to higher Utranian oil exports.<\/p>\n

       <\/p>\n<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      <\/p>\n\n\n\n

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      <\/p>\n\n\n\n

      Pre-thinking<\/strong><\/h2>\n\n\n\n

      From the given question stem and our passage analysis, we can see that our job in this question is to come up with a valid reason for author\u2019s conclusion as to why it\u2019s too early to conclude that the rapid development of new fields will lead to higher Utranian oil exports. In other words, we are to support the prediction that rapid development of new oil-fields may not necessarily lead to higher Utranian oil exports.<\/p>\n\n\n\n

      In order to supports author\u2019s conclusion we can think of a new piece of information that will somehow make it more likely that the increase in oil production will be absorbed locally in Utrania. So a possible strengthener could be:<\/p>\n\n\n\n