Friday, May 29, 2009

Tensions Feared As A THIRD Of World's Gas Reserves Found Beneath The Arctic

Untapped: A third of the world's remaining natural gas and 13 per cent of its oil is trapped beneath the Arctic, a survey shows

From The Daily Mail:

Tensions over the Arctic's untapped energy reserves are expected to build after a survey has found substantial mineral riches under the ice.

The analysis, by researchers at the U.S. Geologic Survey, found that a third of world's remaining natural gas and 13 per cent of its oil are trapped beneath the oceans of the North Pole.

The precious supply has remained largely untouched until now because of the impenetrable ice sheets.

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