What Is the Current Status of Offshore Oil Drilling in the Arctic

question 22

Multiple Choice

What is the current status of offshore oil drilling in the Arctic Ocean?

• A)Although open waters are now making offshore drilling more feasible,weather conditions have thus far hampered efforts to pursue offshore drilling there.
• B)There has been a moratorium on new offshore drilling projects in the Arctic Ocean as a result of the BP accident in the Gulf of Mexico.
• C)An international treaty similar to the one protecting Antarctica has been ratified by 184 nations.This treaty bans oil development and other ecologically detrimental activities in the open waters of the Arctic Ocean.
• D)Melting sea ice has allowed many companies to successfully drill for oil in waters that were previously off -limits because of icebergs and a solid layer of sea ice.
• E)Canada,Russia,Denmark,Norway,and the U.S.have exclusive rights to all offshore drilling in the Arctic Ocean,although these countries may sell drilling rights to other countries as they see fit.

Comprehend the impact and implications of the Affordable Care Act and the legal challenges it faced.

Learn about the evolution of federal housing policy and its impact on different socioeconomic groups.

Understand the role and influence of government social policies on various demographic groups.

Recognize the disparities in the distribution of government benefits among different groups.

---

Definitions:

Ratio Schedules

In the context of behavioral psychology, it's a reinforcement strategy where a response is reinforced after a specific number of responses.

Reinforcement Theory

A behavioral theory which posits that behavior can be shaped or modified through rewards or punishments, encouraging or discouraging certain actions.

Reinforcement Theory

A theory in psychology that posits behavior is motivated by its consequences, through rewards or punishments.

Nonbinding Price Floor

A minimum price set by the government that is below the equilibrium price, having no effect on the market price or quantity sold.