Ice, Cold, Ecological Risks May Hamper Arctic Oil Rush
"Ice, Cold, Ecological Risks May Hamper Arctic Oil Rush" — Richard A. Lovett — National Geographic News — August 24, 2007
The prospect of vast oil and gas reserves beneath the Arctic Ocean has prompted countries to begin evaluating exploration options to assess what's really at stake. But even as observers debate about who really owns the Arctic and will have rights to the potential cornucopia, other experts are warning that dangerous ice, extreme cold, and the risk of environmental catastrophe will pose serious barriers.
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