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Artic Circle holds 90 BILLION barrels of oil

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Bolaleman

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Oct 16, 2009, 8:19:44 PM10/16/09
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The Arctic Circle holds an estimated 90 billion barrels of recoverable
oil, enough supply to meet current world demand for almost three
years, the U.S. Geological Survey (July, 2008 publication of USGS.

Is this why we're dragging our feet on Global Warming? Huge oil & gas
profits lie ahead once that ice melts away and make it easier for us
to go after this new found treasure.
With the actual tendency in global warming exploring these resources
should be easier than winning a war in Iraq, right?

Bolaleman
--------------
www.2ajobguide.com

tj Frazir

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Oct 18, 2009, 10:45:54 PM10/18/09
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How much is thaat ?
Thats not much.

There is billion BBL oil in the circle.
2 cubic miles ?
or 1000 X 1000 barrels side by side and stacked 9000 high

1 cubic mile.

Id say there is 3 million acres 5 barrel deep.

north of barrow

Bolaleman

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Oct 19, 2009, 4:00:58 PM10/19/09
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well, they're talking about "recoverable" oil which I interpret as oil
than can be exploited with current technology or with acceptable
costs. This probably is by far not the total quantity of oil that is
available there.

tj Frazir

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Oct 21, 2009, 2:23:32 PM10/21/09
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Its the figer 90 B I dont buy.
They will drill untill they find it.
After they dont find oil they will find oil.
No x marks the spot where 1 oil well will work.
They pull numbers out of thier hats.

Bolaleman

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Oct 22, 2009, 9:45:39 AM10/22/09
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browsing the web for this subject you'll a variety of numbers ranging
from 50 to 200+ Billion barrels and Denmark, Russia, Canada, USA
(amongst others) already fighting for the claims. Future will show how
much exactly is there and who will get it.

Eeyore

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Oct 26, 2009, 11:14:25 PM10/26/09
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Actually for the last 10 years there has been global COOLING !

Check the FACTS !

CO2 is a minor greenhouse gas. AGW is a politically driven
pseudo-religion driven by 'politically correct' thinking and the IPCC
ignoring evidence it doesn't want to hear and exaggerating reports that
appear to prove its case.

You can fool all of the people some of the time but only some of the
people all of the time and there's a clear indication that the public
aren't daft enough to believe it en masse.

In the UK belief in AGW has fallen to around 30% IIRC.

This is not to say that energy efficency is a bad thing though. Carbon
based fuels ARE a limited resource in the long term.

Graham

DanB

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Oct 27, 2009, 3:40:09 PM10/27/09
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>
> This is not to say that energy efficency is a bad thing though. Carbon
> based fuels ARE a limited resource in the long term.

As it is about 'production' and 'demand', I'd say we are hitting the
limits now. Check the numbers.

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