He who has the gold , black gold, natural gas, makes the rules. RUSSIA is that nation
Um.......the American equivelent exists. It is called the Beaufort Sea............
With Shell planning to restart drilling in the Beaufort Sea and seismic surveys planned for both the Beaufort Sea and the Chukchi Sea, this may be a good time to review the petroleum resource potential of the outer continental shelf of northern Alaska. And at the April 6 meeting of the Geophysical Society of Alaska U.S. Minerals Management Service geologist Kirk Sherwood spoke about the new MMS assessment of Alaskas Arctic offshore region.
Sherwood said that MMS divides most of that region into two large areas, the Beaufort Sea and Chukchi Sea planning areas. The new MMS assessment has estimated a total of 104 trillion cubic feet of undiscovered technically recoverable natural gas and 23.6 billion barrels of undiscovered technically recoverable oil in these two areas combined. That represents about 79 percent of the gas and 89 percent of the oil in all of the outer continental shelf of Alaska, Sherwood said.
I thought it was the Clampetts.
History has not exactly shown that owners of great natural wealth automatically rule and prosper. It's a currency among many.