Economic Impact Team - Mission 2007
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Progress Log

Minutes for Oct. 31, 2003

Members present: Alex, Jaime, Ruchi, Liz

If drilling occurs…

Oil Companies  Local Populations (Alaskans)
Costs Benefits Costs Benefits
exploration profits
  • amount of oil * price
environmental damage
  • wildlife harmed
  • not pristine anymore
jobs
  • lower unemployment
  • wages earned
transportation   disruption/destruction of culture access to schools, medicine, technology
production
  • extraction
  • refining (?)
     
wages to workers      
regulation compliance      

 

Other notables:

  • meeting on Sunday at Next (7pm) to finish work on this chart and further expand it

  • Mission Midterm on Monday: trans-Alaska pipeline

 

 

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Last updated: November 2, 2003 Email Team 8: m2007-8@mit.edu