Biden Says Exxon 'Made More Money Than God' This Year

Biden Says Exxon 'Made More Money Than God' This Year

Assessment

Interactive Video

Business, Architecture, Engineering

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Exxon's significant profits and the lack of change in their operations. It highlights the issue of oil companies holding numerous drilling permits but not utilizing them, as they profit more from higher oil prices. Additionally, it criticizes Exxon's practice of buying back their own stock instead of investing in new ventures, suggesting that such buybacks should be taxed. The video calls for Exxon to start investing and paying taxes.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is highlighted about Exxon's financial performance in the first section?

Exxon made more money than any other company.

Exxon is struggling financially.

Exxon made more money than God this year.

Exxon's profits have decreased significantly.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are oil companies not using their drilling permits according to the second section?

They are focusing on renewable energy sources.

They have exhausted all available oil reserves.

They make more money by not producing more oil.

They are waiting for better technology.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason given for oil companies not drilling more oil?

They lack the necessary equipment.

They are investing in new oil fields.

They are buying back their own stock.

They are facing environmental protests.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker suggest should be done about stock buybacks?

They should be increased.

They should be ignored.

They should be taxed.

They should be encouraged.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker urge Exxon to do in the final section?

Start selling their assets.

Start reducing their workforce.

Start investing and paying taxes.

Start drilling in new locations.