Economic Overview
Oil Industry
Environment
Accounting
Effects
100
Discoveries of crude oil and natural gas became more common in the 18th and 19th centuries as people dug deeper wells in search of water.
What centuries did the discoveries of crude oil and natural gas become more common?
100
Oil prices go up, therefore more people start to invest in the oil industry and new companies start to form as well.
what is the stage 3 of the business/ boom-bust cycle?
100
26%
The percentage of total gas emissions in 2015 that the Gas and Oil industry was responsible for.....
100
3.
How many systems are oil companies taxed from ?
100
A drop in oil prices can benefit importers and their profit.
How does a drop in oil prices affect importers?
200
James Williams set off an oil-exploration boom that established southwestern Ontario as a significant oil-production area during the late 19th century.
Who originally set of the oil-exploration boom in Ontario
200
suncor energy
what is canada’s largest oil company in revenue
200
Emergency Response Plans
The name of the plans that the Alberta Energy Regulator demands that companies maintain in order to protect the people and workers that surround operations
200
CCA (Capital Cost Allowance)
________ determines the amount of money oil companies can claim for depreciated equipment etc.
200
A drop in oil prices are beneficial to consumers and their finances
How does a drop in oil prices affect consumers?
300
As of December 2015, we are third after Venezuela and Saudi Arabia in terms of global oil reserves
In terms of global oil reserves, what place is Canada as of December 2015?
300
over 130,000
How many jobs were created in the alberta oil and gas industry?
300
acid rain
Damages forests and kills fish, coral reefs and various other types of wildlife
300
A drop in oil prices can affect the economy of their country and their stock market.
How does a drop in oil prices affect exporters?
300
Oil prices determine the price of most goods and services, regardless of whether they are related to each other or not
How does a drop in oil prices affect other goods and services?
400
What is interferes with their insulation and protection from temperature changes OR prevents them from flying OR Disrupts their migratory patterns (ANY 2 OF 3)
The 2 major impacts that oil spills cause for birds....
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