Friday, October 12, 2012

Paskvan to lecture on shale oil opportunities and issues

Sen. Joe Paskvan (pictured at right) will present a talk titled "North Slope Shale Oil: Opportunities and Issues for Fairbanks" Thursday, Oct. 18 from 3:40 to 5 p.m. in O'Neill 201 on the UAF West Ridge.

Sen. Paskvan, co-chair of the Senate Resources Committee, was invited to campus by the SNRAS faculty.

"It is important for this community to learn more about the opportunities and issues that shale oil development may soon bring to Fairbanks," Sen. Paskvan said.

Questions to be addressed in the talk include:
How does the resource base compare to Bakken (North Dakota) and Eagleford (Texas) shale plays?
Should Alaska expect a boom like North Dakota and Texas? What are the similarities and differences?
Does Interior Alaska have the workforce necessary to support the shale oil development?
What is the potential impact on the local economy, jobs, infrastructure, housing, property values and schools – as well as city, borough and state services?
What are the environmental risks in Alaska? How can those risks be mitigated?
What other issues and challenges should be expected?

Further reading:
Alaska pursuing unconventional shale oil development to fill its pipeline, The Washington Post, Aug. 26, 2012, By Juliet Eilperin

Shale oil exploration arrives in Alaska, Fairbanks Daily News-Miner, Aug. 1, 2012, By Matt Buxton

Exploraory shale wells coming within a month, Alaska Public Radio Network, April 25, 2012, By Dave Donaldson

Shale oil could be game changer for Slope, Alaska Journal of Commerce, Sept. 22, 2011, by Tim Bradner

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