Highlight Correct Summary – This is an item type that integrates listening and reading skills, and requires test takers to understand, analyze and combine information from a recording, and then identify the most accurate summary of the recording.
PTE Listening: Highlight Correct Summary
Listen to the following audio and choose most accurate summary of the recording.
Question: Choose the paragraph that best relates to the recording.[A]. Unless major oil consumers invest in exploration now (which would be the first time major funds have been invested since 1964) global oil production will level out and be unable to meet increased demands from India and China.
TRANSCRIPT (Only for reference, it will not be given in actual PTE Academic Test)
We’re not running out of oil. The first thing that one can say with absolute confidence is that we’re not about to run out of oil, we are definitely not. Click here to read full transcript
But what we are approaching is the end of the first half, and this is one way to describe it, and this chapter in history lasted about a hundred and fifty years since the first oil was produced. And we’re coming to the end of that, and you have to find oil before you can produce it, and when we look back into history, we can find that the peak of discovery was in 1964, and that the discovery of oil has been falling ever since, relentlessly, um, and it’s been falling despite the world wide search, always aimed at the biggest and best prospects, no one’s looking for the smallest and the worst, the biggest and the best.
It’s been falling despite amazing technological and geological advances, we understand this business so much more than we did. And finally, it’s been falling despite a very happy economic environment, whereby most of the cost of exploration is written off against tax. So I would say in view of all of those incentives, and all of those benefits, if discovery has actually been falling relentlessly, er, there is no good reason to think that this trend is going to change direction. So, in other words, we’ve passed the peak.
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