Wednesday, February 15, 2012

Lecture 16 Summary and Notes

Some important concepts for the day...

What is the big deal about the about the Keystone XL pipeline? Is it just another pipeline? Why are people protesting the construction of the pipeline? How many jobs will construction of the pipeline create (direct, indirect, temporary, and permanent)? How has the proposed pipeline been portrayed in the media? Are Americans generally for or against construction of the pipeline? What is the general location of the proposed pipeline? Are there other pipelines in this area? Is this the first Canada-US trans border pipeline? What is the Oglalla aquifer? Why are groundwater resources particularly valuable in the area atop the Oglalla aquifer? How common are "major" pipeline incidents? What are the historic trends in pipeline construction in the USA? How common are fatal accidents for truck carrying petroleum products? What are the advantages and disadvantages of pipelines? Why is it difficult to compare the relative dangers of pipelines and trucks? What is the likelihood of KXL oil being exported to non-US markets? What does fungible mean? Do individual consumers have the ability to choose where their petroleum products come from? How would the KXL pipeline affect this? Where is Canada? How did investors in TransCanada react to the Jan 18th decision by Obama to "reject" the KXL pipeline? What is the future of the KXL pipeline?

Slides from lecture today are on Sakai. Your reading assignment for Friday is U.S. Geological Survey Fact Sheet 2008-3049: Circum-Arctic Resource Appraisal: Estimates of Undiscovered Oil and Gas North of the Arctic Circle (.pdf) by Bird et al.

Also, the homework assignment for Feb Break is available on Sakai.

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