[BGHater]

'The company, which counts retired B.C. senator Edward Lawson among its directors, has filed a claim with the United Nations to act as the sole "development agent" of Arctic seabed oil and gas.'

Is that all? Heh.

[Anti-Bubba182]

"Las Vegas-based Arctic Oil & Gas"

Sounds on the 'Up and Up'!!

[miliantnutcase]

global warming FTW!

[wastedyears]

Can we tell Russia, Saudi Arabia and Venezuela to go shove it now?

[wastedyears]

“Filed a claim with the UN?”

[FormerACLUmember]

Las Vegas-based Arctic Oil & Gas

LOL. Yeah, a Los Vegas casino based oil company. What could possibly go wrong with this investment? Exclusive photo of the Board of Directors:

[stboz]

Hmmm, same size as the Bakken Shale. Together, that’s 800 BILLION barrels.

[DoughtyOne]

Law of the Sea Treaty, here we come. You just know this was filed to stampede folks into accepting this treaty. I do not recognize the U.N. and neither should our government.

As for this jackass corporation, nobody said it would guarantee the U.S. anything. It’s a corporation and it can sell it’s goods anywhere it likes.

[puppypusher]

That's just fine.That company could have found a three trillion barrel reserve and I guarantee the Tree huggers and the U.S. Government would not allow them to pump one gallon of oil out of the ground. Thats how sick these liberal environmental wackos are.

If it were not for them we would not have these high energy prices that we have today.

[RouxStir]

described in the Arctic Oil & Gas statement as confirming the “highly probable validity” of recent research pointing to rock layers “extremely rich” in “hydrocarbon precursors”

Huh!...”highly probable validity” of “hydrocarbon precursors”...translated: maybe, possibly, could have a chance of a pile of dead seaweed.

[Gulf War One]

I suppose there may be a time within the next 20 years when the Arctic may be ice-free for months, but judging from the above, it doesn't appear it will happen this year...

[television is just wrong]

then damnit start drilling....

[ketsu]

IIRC the russians already claim it. They even went so far as to drop a russian flag in a capsule in the ocean over there.

Funny posturing going on.

[verga]

One Question:
When are they going to start drilling and delivering to a gas station near me?

[RGSpincich]

Las Vegas-based Arctic Oil & Gas

I sense an IPO and go pattern being run.

[VOA]

bump

[ModelBreaker]

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.

[denydenydeny]

I stopped reading after “rapidly melting areas of the central Arctic Ocean.”

[NonValueAdded]

We’d better get the Burns Slant Drilling Co. on retainer PDQ.

[BenLurkin]

Pump the middle east dry. Then sell them our oil for 1,000 dollars a barrel.

[xjcsa]

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.