After getting through the recent exam and homework, some questions for the day...
1. How will the EU Fuel Quality Directive affect the use of the Canadian tar sands? Why is oil derived from tar sands viewed differently than oil from other sources by the EU Fuel Quality Directive.
2. Judges have recently ruled on fracking cases in Dryden and Middlefield, NY. In whose favor were these rulings? How is this different from recent developments in PA and WV?
3. What specific portions of the ocean have reasonable potential for petroleum reserves?
4. In general, would most offshore reserves be classified as large or small; conventional or unconventional?
5. Where are the high concentrations of offshore platforms right now?
6. Is the US population generally in support of or against increasing offshore drilling? How has this changed over time?
7. What are some of the problems associated with offshore drilling (not just related to massive spills like the Deepwater Horizon Disaster)?
8. What are some of the mitigation and clean-up strategies associated with oceanic oil spills such as the Deepwater Horizon Disaster?
Slides from lecture today are on Sakai. Wednesday, we will finish with offshore petroleum with a closer look at the Deepwater Horizon Disaster and some recent developments in the regulation of offshore activities in US waters. Please read BP Spill Victims Face Economic Fallout Two Years Later by Allen Johnson Jr., Laurel Calkins and Margaret Cronin Fisk published February 23, 2012 in Bloomberg.
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