90 billion barrels of oil in Arctic

According to a US Geological Survey report issued yesterday, the Arctic holds 90 billion barrels of oil that can be extracted using available technology and industry practices.  Also 1670 trillion cubic feet of natural gas and 44 billion barrels of natural gas liquids.  (Via Fox News.)

This entry was posted on Thursday, July 24th, 2008 at 12:41 pm and is filed under Technological. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a comment