Energy Reserves North Of Arctic Circle Mapped In Detail For First Time

Posted on Thursday, May 28 at 21:02 by NAUWATCH

Roughly one-third of the world's gas reserves and 13 per cent of its oil reserves lie north of the Arctic Circle, estimate U.S. Geological Survey researchers who suggest most of the gas is in Russian territory.

http://www.cbc.ca/technology/story/2009/05/28/oil-gas-arctic.html

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  1. by RickW
    Fri May 29, 2009 1:55 pm
    The US, with 5% of the world's population, consumes 25% of the world's energy production (so I've been told). Russia, with half the population of the US, has just acquired another big chunk of energy. And now the US doesn't have the money to buy this energy, nor does it have much by way of trade (except military hardware).

    nd then there is China..............



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