Alaska - Resource frontier Flashcards
1
Q
Resource frontier
A
Has a diverse natural resource base - oil boom in the 70s through development on billion-barrel oil field in Prudhoe bay - 1/3 of all jobs are generated by this - now down 75% from peak flow.
2
Q
Potential resources
A
Arctic National Wildlife Refuge has reserves of 10 billion barrels - seen through test drilling - glacial retreat and permafrost thawing would make the resource exploitation much more viable - Tax Cuts and Jobs act - opened up the Artic Refuge.