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Arctic has 90bn barrels of crude

The Arctic holds as much as 90bn barrels of undiscovered oil and has as much undiscovered gas as all the reserves known to exist in Russia, US government scientists have said in the first governmental assessment of the region's resources.

The report is likely to add impetus to the race among polar nations, such as Russia, the US, Denmark, Norway and Canada, for control of the region.

The US Geological Survey believes the Arctic holds 13 per cent of the world's undiscovered oil, while 1,669,000bn cubic feet of natural gas is equivalent to 30 per cent of the world's undiscovered gas reserves.

"The extensive Arctic continental shelves may constitute the geographically largest unexplored prospective area for petroleum remaining on earth," the USGS said.



In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Thu Jul 24th, 2008 at 02:12:34 PM EST


"Pretending that you already know the answer when you don't is not actually very helpful." ~Migeru.
by poemless on Thu Jul 24th, 2008 at 02:16:27 PM EST
[ Parent ]
Seems they've run into a bit of a snag up there.  

"Pretending that you already know the answer when you don't is not actually very helpful." ~Migeru.
by poemless on Thu Jul 24th, 2008 at 02:33:34 PM EST
[ Parent ]
Speaking of Russia. My sister and her little family are back from visiting relatives in Moscow. I'll visit her to see photos and hear stories on the weekend. One thing she said that everyone in Moscow lives in concrete apartment blocks, and that there appear to be no pre-Soviet buildings outside the Kreml - which the native relative attributed to a 19th-century fire (I'm somewhat incredulous).

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Thu Jul 24th, 2008 at 03:09:38 PM EST
[ Parent ]
everyone in Moscow lives in concrete apartment blocks, and that there appear to be no pre-Soviet buildings outside the Kreml - which the native relative attributed to a 19th-century fire (I'm somewhat incredulous).

What?

A lot of people live in concrete apartment blocks.  And a lot of pre-Soviet architecture is tucked away the shadows of newer buildings.    But there are apartments in the center, and homes outside the city.  And there are def. pre-Soviet buildings outside the Kremlin, in areas like Zamoskvorechye, Old Arbat, Ostozhenka ...

Jerome, you might appreciate this, from a Rick Steves Guide to Moscow I stubled upon:

"18:00 - Return to the center for dinner at Patio Pizza."

Bwahaha!  I'm slightly horrified if that is still in business.

"Pretending that you already know the answer when you don't is not actually very helpful." ~Migeru.

by poemless on Thu Jul 24th, 2008 at 03:45:30 PM EST
[ Parent ]

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