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U.S. firm lays claim to 'potentially vast' Arctic oil resources[400Bil Barrels]
The Ottawa Citizen ^
| 21 Mar 2008
| Randy Boswell
Posted on 03/26/2008 5:29:48 PM PDT by BGHater
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To: BGHater
One Question:
When are they going to start drilling and delivering to a gas station near me?
21
posted on
03/26/2008 6:16:01 PM PDT
by
verga
(I am not an apologist, I just play one on Television)
To: BGHater
Las Vegas-based Arctic Oil & Gas I sense an IPO and go pattern being run.
To: BGHater
23
posted on
03/26/2008 6:18:42 PM PDT
by
VOA
To: RGSpincich
‘Las Vegas-based Arctic Oil & Gas’
Aka, Nigerian Arctic Pump and Dump.
24
posted on
03/26/2008 6:19:22 PM PDT
by
BGHater
($2300 is the limit of your Free Speech.)
To: ketsu
IIRC the russians already claim it.The Nautilus was there first!
25
posted on
03/26/2008 6:19:56 PM PDT
by
ScratInTheHat
(Don't like my immigration stance? I'm dyslexic. PC keeps sounding like BS to me!)
To: BGHater
but experts in polar issues have raised alarms about the firm's actions, saying they could disrupt efforts to create an orderly regime for exploiting resources and protecting the Arctic environment under international law rather than a marketplace model.For those who need a translator, what this really says is that enviro wackos have are worried that they won't be able to prevent any drilling in the arctic under any circumstances.
To: SatinDoll
This is all is was talking about.... It's from TIME (dubious I know but seems to be correct here.)
The ice-frozen North Pole is currently a no man's land supervised by a U.N. Commission. The five Polar countries Russia, the U.S., Canada, Norway and Denmark each control only a 200-mile economic zone along their coasts.
And none of these economic zones reach the North Pole. Under the current U.N. Maritime convention, one country's zone can be extended only if it can prove that the continental shelf into which it wishes to expand is a natural extension of its own territory, by showing that it shares a similar geological structure.
To: BGHater
I stopped reading after “rapidly melting areas of the central Arctic Ocean.”
28
posted on
03/26/2008 6:26:56 PM PDT
by
denydenydeny
(Expel the priest and you don't inaugurate the age of reason, you get the witch doctor--Paul Johnson)
To: ketsu; DoughtyOne
Russia's claim was to the Lomonosov ridge only. This private sector group is seeking the entire arctic commons.
Also Russia's claim was based on the ridge being part of their shelf, while this private sector company is seeking the seabed.
This US private sector group cannot make claims on the seabed unless the US signs the treaty
To: FormerACLUmember
I’d rather have Tony’s crew running it than the UN. The street tax would be a LOT less.
30
posted on
03/26/2008 6:28:50 PM PDT
by
joebuck
(Finitum non capax infinitum!)
To: wastedyears
How much ya wanna bet that claim gets lost in the UN's basement mailroom?
31
posted on
03/26/2008 6:40:57 PM PDT
by
Viking2002
(I hope the AG pounds the Mann Act up Spitzer's ass with a sharp stick.)
To: BGHater
We’d better get the Burns Slant Drilling Co. on retainer PDQ.
32
posted on
03/26/2008 6:49:06 PM PDT
by
NonValueAdded
(Who Would Montgomery Brewster Choose?)
To: BGHater
Pump the middle east dry. Then sell them our oil for 1,000 dollars a barrel.
To: BGHater
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.They'll be rapidly freezing areas in about 6 months.
34
posted on
03/26/2008 7:58:08 PM PDT
by
xjcsa
(Has anyone seen my cornballer?)
To: wastedyears
“Can we tell Russia, Saudi Arabia and Venezuela to go shove it now?”
For sure! Add that 400 billion barrels to the 500 in the Bakken Formation and the World will be back to kissing our arses for a change. But we need at least seven new refineries before we can get too cocky with them I fear.
35
posted on
03/26/2008 8:15:27 PM PDT
by
Birdsbane
(If You Are Employed By A Liberal Democrat...Quit!)
To: BGHater
i’m selling plots on the moon. i’ve gotten the okay from the un so the moon is legally mine.
To: Ben Ficklin
Good. I hope we don’t sign on. It sure says something about this corporation that they would go straight to the U.N. to make the claim. Evidently they recognize it’s self-proclaimed authority on everything.
37
posted on
03/26/2008 10:39:31 PM PDT
by
DoughtyOne
(New Europe, John Benedict Arnold McCain's bridge to 07/03/1776. Not even our past is safe.)
To: ModelBreaker
Any Polar Bears out there.?
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