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Minutes for Oct. 29, 2003

Members present: Zheng, Jaime, Ruchi, Liz

Factors to consider in model:

1. environmental (Alex)

2. political (team 9)

3. oil extraction- exploration, transportation (Zheng), production (Ruchi)

4. human infrastructure- city development, jobs (Liz)

5. hydrocarbon potential in ANWR (Jaime) vs. oil/natural gas demand

6. local populations- jobs, perspective/opinion (team 10)

7. drilling companies- how many (Ruchi)

8. technology (team e)

9. U.S economy, world economy

10. effect of time on all previous numbers

11. alternative energy sources?

12.    *error of model must be stated