Big Oil Is Ripping Off Americans: Rep. Pallone

Big Oil Is Ripping Off Americans: Rep. Pallone

Assessment

Interactive Video

Business, Architecture, Engineering

University

Hard

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The video discusses the significant profits of oil companies like Exxon amidst rising gas prices in the U.S. It highlights the impact of global events, such as the war in Ukraine and the ban on Russian oil imports, on oil prices. The video criticizes oil companies for not increasing supply despite having unused drilling permits, suggesting they prioritize profits over consumer relief. It also provides a historical perspective on how global factors and foreign adversaries influence oil prices, emphasizing the ongoing challenges faced by American consumers.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the relationship between big oil companies and global petro dictators as described in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are American consumers affected by the actions of big oil companies?

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