Details of The Scenario
The original event was performed June 23, 2005, and was a simulation of December 2005, six months in the future. The first scenario involved civil unrest in Nigeria, a member of the Organization of Petroleum Exporting Countries, resulting in oil companies and the US government evacuating their personnel from the country. In the simulation, this led to decrease in oil supply and the price spikes causing a variety of negative effects on the United States economy.
More events followed as the scenario progressed, including a very cold winter in the Northern hemisphere, terrorist attacks on Saudi Arabian and Alaskan oil ports, and Al-Qaeda cells hijacking oil tankers and crashing them into the docking facilities at the ports (which might effectively shut down such port for weeks, if not months).
The scenarios were set up with pre-produced scripted news clips. Participants were also given briefing memos with background information related to their specific cabinet positions. The participants discussed and prepared policy recommendations for an unseen Chief Executive after each part of the scenario.
Read more about this topic: Oil Shockwave
Famous quotes containing the words details of the, details of, details and/or scenario:
“Patience is a most necessary qualification for business; many a man would rather you heard his story than granted his request. One must seem to hear the unreasonable demands of the petulant, unmoved, and the tedious details of the dull, untired. That is the least price that a man must pay for a high station.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“Patience is a most necessary qualification for business; many a man would rather you heard his story than granted his request. One must seem to hear the unreasonable demands of the petulant, unmoved, and the tedious details of the dull, untired. That is the least price that a man must pay for a high station.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“Patience is a most necessary qualification for business; many a man would rather you heard his story than granted his request. One must seem to hear the unreasonable demands of the petulant, unmoved, and the tedious details of the dull, untired. That is the least price that a man must pay for a high station.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“This is the essential distinction—even opposition—between the painting and the film: the painting is composed subjectively, the film objectively. However highly we rate the function of the scenario writer—in actual practice it is rated very low—we must recognize that the film is not transposed directly and freely from the mind by means of a docile medium like paint, but must be cut piece-meal out of the lumbering material of the actual visible world.”
—Sir Herbert Read (1893–1968)