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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Arctic oil

Arctic oil stories: 12 news summaries

Arctic Thaw May Lead to NATO-Russia Chill

New Euro chief warns of competition for resources

Oct 2, 09 2:00 PM CDT
(Newser) - NATO’s new European commander is wary of Russian intentions in the Arctic, where climate change is opening up trade routes and access to billions of barrels of oil. James Stavridis looks “at the high north and I think it could either be a zone of conflict, I hope... More »

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climate change • Russia • NATO • US Navy • Arctic oil • Afghanistan war • James Stavridis • Supreme Allied Commander for Europe • trade routes

 Against Economic Tide, 
 Norway Thrives 

Often standing in contrast to Europe, strict state control puts Norway in good stead

May 14, 09 10:49 AM CDT
(Newser) - While the rest of the world struggles with recession, Norway’s socialist-leaning government looks pretty smart, the New York Times reports. Norway enjoys a budget surplus of 11% and is free of debt (the US owes $11 trillion), and its economy grew 3% last year. Oil revenues are pouring in—... More »

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socialism • Norway • capitalism • welfare • Arctic oil • housing bubble • banks

 US Ship Joins Race
 for Arctic Resources

Mapping the continental shelf integral to oil and gas rights

Aug 12, 08 1:50 PM CDT
(Newser) - A Coast Guard cutter will this week begin mapping Alaska’s continental shelf, Reuters reports, in a first step toward mining data that could be used to establish rights to oil exploration in the Arctic. Melting ice caps, which one scientist calls "bad for the Arctic, but very very... More »

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Arctic • Coast Guard • Arctic race • oil exploration • Arctic oil • Commission on the Limits of the Continental Shelf

Opinion

 Save the Earth: Drill in the US 

Letting other countries produce oil cures nothing: Krauthammer

Aug 1, 08 12:21 PM CDT
(Newser) - Asked why she so vehemently opposes offshore drilling, Nancy Pelosi recently replied, “I’m trying to save the planet.” Which is a nice thought, Charles Krauthammer writes in the Washington Post, but it’s completely illogical. We’re not saving the planet by leaving the drilling to... More »

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Nancy Pelosi • ethanol • oil exploration • Arctic oil • oil drilling • environmental impact • Arctic National Wildlife Refuge • offshore oil

 Arctic Holds 3 Years of Oil 

A fifth of world's untapped reserves may be under melting ice

Jul 24, 08 7:24 AM CDT
(Newser) - Enough oil is believed to lie under the rapidly thawing Arctic to last the world 3 years, Reuters reports. The USGS released a forecast yesterday estimating the region has 90 billion recoverable barrels of oil and vast natural gas reserves. The agency's director said the information was vital in order... More »

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Arctic • Arctic race • oil field • US Geological Survey • Arctic oil • oil reserves

Bush to Congress:
Lift Offshore Drilling Ban

Also, open Alaska refuge to oil companies

Jun 18, 08 11:08 AM CDT
(Newser) - Bush formally asked Congress today to allow drilling for oil in the deep water off America's coasts, as well as repeating his demand that Alaska's Arctic National Wildlife Refuge be opened for drilling, CNN reports. "In the short run, the American economy will continue to rely largely on oil,... More »

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oil • Arctic oil • George W. Bush • Arctic National Wildlife Refuge

Alaska Against Polar Bear's Protection

State could lose $26 billion gas pipeline
if species is called threatened

Feb 23, 08 7:52 PM CST
(Newser) - Alaska is opposing calls to save its polar bear population, fearing the state would have to protect dwindling sea ice and give up a multibillion-dollar gas project, the AP reports. Calls to save the bears have been "subverted by the lawyers for the extreme environmental organizations and the liberal... More »

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environment • Alaska • global warming • Arctic • polar bear • threatened species • natural gas • Arctic oil

US Blunts Arctic Oil Warning

Report's recommendations cut on US, Swedish objections

Jan 23, 08 2:18 PM CST
(Newser) - A top researcher for the US National Oceanic and Atmospheric Administration was poised this week to deliver a stern warning against the oil drilling operations sweeping the Arctic—until politicians pulled the teeth from his report, Der Spiegel reports. The report needed approval from the Arctic council that commissioned it—... More »

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climate change • United States • Arctic • Sweden • Arctic race • Arctic oil

Drilling Hits Norway's Conscience

Concern over climate change has stalled Scandinavian nation's government

Aug 21, 07 6:33 PM CDT
(Newser) - A friendly little nation is facing the ethics of new economic power, as Norway asks itself whether to drill for 73 billion barrels of Arctic oil or leave it for others to uncover. The tiny country is the world's fifth largest exporter of oil, third largest of gas - and... More »

MORE ABOUT:
oil • global warming • environmentalism • Arctic • Norway • Arctic oil

Sub Crew Plants Russian Flag

Expedition reaches North Pole seabed
in quest to get jump
on turf battle

Aug 2, 07 4:57 PM CDT
(Newser) - A Russian expedition reached the North Pole today and symbolically called dibs on the Arctic in the race to secure the oil-rich territory. Explorers sank a titanium Russian flag into what the team leader called the "yellowish mud" of the sea floor 3 miles deep, which a spokesman likened... More »

MORE ABOUT:
Russia • energy • oil • global warming • North Pole • Arctic • Arctic oil

Look Out, Santa: Russia Claims North Pole

Rich oil and gas reserves lie beneath ownership dispute

Aug 1, 07 12:09 PM CDT
(Newser) - Russian ships will arrive at the North Pole today as part of Moscow's effort to claim a 1,240-mile area of the Arctic—and with it, more than $2 trillion in oil and gas reserves. The Telegraph reports that the fleet will deposit a Russian flag at the bottom of... More »

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climate change • Russia • oil • Canada • Vladimir Putin • North Pole • Arctic • Denmark • sovereignty • Arctic oil

Russia Stakes Claim to Oil-Rich Arctic Territory

Kremlin claims underwater shelf links huge chunk to Russia

Jun 28, 07 5:18 AM CDT
(Newser) - Russia has claimed a massive, oil-rich chunk of the Arctic, despite international laws that block ownership of the territory. The Kremlin based its move on scientists' insistence that an underwater shelf links Russia to 460,000 square miles of the North Pole, which contains 10 billion tons of oil and... More »

MORE ABOUT:
Russia • United Nations • oil • gas • Moscow • United States • North Pole • Arctic • underwater shelf • Arctic oil

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