Ukrainian 10, 20, 30
Examine the marketing and global economic impact of the oil and gas industry.
Indicators for this outcome
(a) | Examine the plans by some organizations to transition away from petroleum fuels towards electric vehicles. |
(b) | Investigate how the daily price of crude oil is determined. |
(c) | Analyze the factors which influence oil prices such as product supply and demand, societal and environmental policies, importing and exporting countries, and economic conditions. |
(d) | Explore how the political stability of Canada attracts investors to the petroleum industry. |
(e) | Identify the countries that use the greatest amount of crude oil. |
(f) | Investigate Canada’s trade agreements with respect to the purchase and sale of oil and gas, the impact on oil corporations and supply management. |
(g) | Explore how government incentives can change based on a booming or down turning market. |
(h) | Research the dynamic relationship that Canada has with import and export countries to meet national crude oil requirements. |
(i) | Compare the cost of petroleum production in Saskatchewan to the cost in other parts of the world. |
(j) | Discuss the impact of world events (e.g., war, major disaster and economic recession) on the petroleum market and local economy. |
(k) | Research the policies governing carbon emissions from a global perspective. |
(l) | Explore government regulations and permitting and the adaptations (e.g., pipeline construction and transportation methods) made by the industry to reduce carbon emissions. |
(m) | Research the history of the Boundary Dam Carbon Capture Project and its link to climate change initiatives. |
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