INteresting that none of the Main Stream Media.. Fox, Deseret News, Wash times, Newsmax, Worldnet or Drudge reported this anywhere.. where was it found, on Treehugger.com... without regard vast oil has been found in the arctic.. no need to drill on the North Slope.. with this Fla and North Dakota GM has introduced the HUMMER V... a 3 mph behemoth.. what is chilling is the report of possible war with Canada.. soon there will be canadian insurgents crossing the border.. time for a very big fence.
U.S.-based company that has controversially laid claim to nearly all of the Arctic Ocean's undersea oil said Thursday that new geological data suggests a "potentially vast" petroleum resource of 400 billion barrels.
That figure is backed by a respected Canadian researcher who recently signed on as the firm's chief scientific adviser.
Las Vegas-based Arctic Oil & Gas has raised eyebrows around the world with its roll-of-the-dice bid to lock up exclusive rights to extract oil and gas from rapidly melting areas of the central Arctic Ocean, currently beyond the territorial control of Canada, Russia and other polar nations.
The EU report was just the latest in a string of recent warnings about potential clashes over Arctic resources - including a prediction from former U.S. Coast Guard Cmdr. Scott Borgerson of possible armed conflict between the U.S. and Canada over Arctic sovereignty.
"The United States should not underestimate Canadian passions on this issue," Borgerson, a fellow at the influential Council on Foreign Relations, wrote in an article in the latest issue of Foreign Affairs magazine. "Unless Washington leads the way toward a multilateral diplomatic solution, the Arctic could descend into armed conflict."