Hand-Made Gas Pumps Assist Locals, Recoup Local Seepage And Make Sales

Hand-Made Gas Pumps Assist Locals, Recoup Local Seepage And Make Sales

Assessment

Interactive Video

Business, Architecture, Biology

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the concept of backyard oil extraction, highlighting the discovery of underground seepage from a nearby refinery. It explains the economic potential of leasing small plots for oil wells, which are shallow and can be operated by a single person. The extracted gasoline is sold back to the refinery, creating a seemingly perpetual cycle of production and sale.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the initial step to set up a backyard gasoline well?

Install a pump

Purchase a large plot of land

Hire a team of workers

Obtain a government permit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much can a 30 square feet spot be leased for one year?

$1200

$1000

$800

$500

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the typical depth range of these backyard wells?

20 to 30 feet

40 to 50 feet

10 to 20 feet

30 to 40 feet

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much did one man earn in his first week with five pumps?

$800

$1200

$500

$1000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to the gasoline after it is extracted?

It is used for personal vehicles

It is sold back to the refinery

It is sold to local gas stations

It is stored in tanks