L7 - Baked Alaska Flashcards
1
Q
What fraction of jobs in Alaska are tied to the oil and gas industry?
A
1/3
2
Q
Name the largest oil field in North America
A
Prudhoe Bay
3
Q
What percentage of the USA’s revenue comes from the oil and gas industry?
A
90%
4
Q
Who benefits from the oil and gas revenues?
A
The State and local communities
5
Q
What is the cause of desertification?
A
Loss of crops
6
Q
What is Alaska’s population?
A
Roughly 555,000
7
Q
What effect does higher taxes have on the amount of oil produced?
A
It decreases the amount of oil produced
8
Q
What is Alaska’s oil transportation system called?
A
The Trans-Alaska Pipeline System (TAPS)
9
Q
How much has Alaska earned in total from oil since 1959?
A
$157 billion
