When it comes to knowing where our energy comes from, we don't know jack. The American Petroleum Institute asked 20 multiple choice questions, and not a single question was answered correctly by half of the people, and in most cases the right answer was given by less than 15 percent of respondents.

So do you think you know oil? Here are 10 questions, and see how you do. Answers below, but no cheating.

1. What percentage of the world’s 10 biggest oil and natural gas companies are owned and operated by foreign governments?

A) 10%
B) 50%
C) 70%
D) 100%

2. According to 2006 projections, what percentage of global energy demand in 2030 will be met by fossil fuels, such as oil, natural gas and coal?

A) 21%
B) 41%
C) 61%
D) 81%

3. From 2000 through 2005, U.S. oil and natural gas companies invested how many billions of dollars in emerging energy technologies in North America (such as biomass, wind, solar, alternative fuel vehicles, gas-to-liquids and oil shale)?

A) $1 to less than $25 billion
B) $25 to less than $50 billion
C) $50 to less than 75 billion
D) $75 to 100 billion

4. According to Oil and Gas Journal, at 2006 production rates, how many years will the global "known reserves" of oil last?

A) 20
B) 40
C) 50
D) 60

5. According to 2007 data, what percentage of U.S. energy use is currently supplied by renewable sources?

A) 0% to less than 10%
B) 10% to less than 20%
C) 20% to less than 30%
D) 30% or more

6. According to 2007 projections, what percentage of U.S. energy will be supplied by renewable sources by 2030?

A) 0% to less than 10%
B) 10% to less than 20%
C) 20% to less than 30%
D) 30% or more

7. What percentage of gasoline used in the U.S. would be replaced by ethanol, using current corn-based production technology, if every acre of corn was used for ethanol production exclusively?

A) 0 to 10%
B) 11% to 25%
C) 26% to 40%
D) 41% to 55%

8. What percentage of cars on the road today are designed to operate using the fuel E-85 (a fuel mixture that is 15% gasoline and 85% ethanol)?

A) 0% to 5%
B) 6% to 10%
C) 11% to 15%
D) 16% to 20%

9. In 2030, what percentage of the U.S. light-duty car fleet will be made up of flexible fuel vehicles able to run on E-85 (a fuel mixture that is 15% gasoline and 85% ethanol)?

A) 0% to 5%
B) 6% to 10%
C) 11% to 15%
D) 16% to 20%

10. In 2006, the U.S. imported what percentage of its oil?

A) 20%
B) 40%
C) 60%
D 80%

Answers: D D D C A A B A A C