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> 25% of the worlds oil and gas now available
Cpt. Snot Rocket
post 11/07/07 11:55am
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Colonel
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Posts: 1304
Joined: February 26th 2006
From: South Bend, IN
Member No.: 1615



Thanks, Global Warming!

The sea route running along the Arctic coastline of North America, normally clogged with thick ice is nearly ice free.

Northwest Passage Is Now Plain Sailing, Guardian Unlimited, Aug. 28

IT STARTED WITH A RUSSIAN EXPEDITION planting the Russian flag in a polar seabed. Though largely symbolic, it touched off a scramble among a handful of nations, all trying to lay claim to the Arctic. Among these claimants: the U.S., Canada, Russia and Denmark.

Why the sudden interest in the Arctic? There are two big reasons. First, thanks to global warming, deposits of natural resources once layered over in impenetrable ice are now easier to get at. Second, thanks to melting ice, some previously icebound shipping lanes are opening up.

Today, the Arctic prize is a multibillion-dollar opportunity.

As a treasure trove of natural resources, the Arctic boggles the mind. By some informal estimates, the region holds 25% of the worlds undiscovered oil and gas. It could also hold massive amounts of crystallized methane another potential fuel source. More formal surveys are under way by the Arctic lottery hopefuls. So in time, well know more about what Mother Nature has cooked up in the oven beneath the icy Arctic crust.



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Cpt. Snot Rocket
post 11/08/07 6:30pm
Post #2


Colonel
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Group: {MOB}
Posts: 1304
Joined: February 26th 2006
From: South Bend, IN
Member No.: 1615



LoL.
As for those that "don't know where to start", I wasn't trying ot start anything. What could you possible argue about? That there is not a huge supply of natural resources up there? That global warming did'nt reduce the ice in the shipping lanes?
Or maybe that there can't be anything good that comes from global warming? Ahhhh, that's it isn't it. Maybe you bought into the myth that everything that results from global warming is evil and bad. LoL.

Honestly, I'm not starting anything.


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