Oil expert says industry might use Antarctica

[lovuian]

http://www.abc.net.au/news/newsitems/200607/s1684224.htm

He says one polar region in the Antarctic is already close to being exploited.

"I hope that the oil industry will not go into Antarctica but when the price will be $200 or $300 per barrel, then anything can happen," he said
more...
Oil at 200 per barrell???!!!

[Erika]

1. Yeah, The U.S. will be officially a third world nation then n/t

[Viva_La_Revolution]

2. Global warming is GOOD!

the ice sheets melt and we can get those tankers in there!

Whoooohooo! we'll be richer!

:sarcasm:

[benburch]

3. There is a lot of coal there, too. nt

[longship]

5. Coal, under three miles of ice.

nt

[benburch]

8. Not much longer. nt

[longship]

12. We can take comfort in the fact that it will take decades

for the continental ice pack to melt. 15,000 feet of ice does not melt overnight.
So there will be time to oppose these lunatics. In this case, nature is on our side, at least temporarily.

Right now, the real problem with continental ice is in Greenland, where the glaciers are sliding into the ocean at unprecedented speeds. The largest, the Jakobshavn Isbrae has doubled its speed in a few short years to 12,600 meters per year in 2003.

But Anarctica is doing some funky things, too. The loss of the Larsen D ice shelf was a dramatic example.

I only hope that the Dems regain power before it's too late, if it isn't too late already. What scares me is that we might not know until something really horrible happens.

[longship]

4. My ass they will.

Anarctica is a pristine continent which is used *solely* for scientific research. There is absolutely *NO* way that this should be allowed. In addition to the environmental damage, there is the matter of some international agreements to keep the continent pristine. Of course, ChimpCo doesn't seem to have been worried about agreements of this type in the past. Why should they worry about the ones for Anarctica.

Boggles the mind, don't it?

[ClintonTyree]

7. Since no one "owns" Antarctica......

there wouldn't be any need to invade and colonize it, like Iraq. The Oil Barons could just thumb their noses at the rest of the world (as they always do) and TAKE the "United States'" oil without a shot being fired. Really, it's a win, win situation for our oil guzzling country. :sarcasm:

[rman]

6. As demand increases and supply decreases,

prices are bound to rise. $200 a barrel? why not?

[lectrobyte]

9. Welcome to peak oil. It's not about running out of oil, it's about

running out of *cheap* oil. When it hits $200, lots of possibilities exist. Tar sands, polar caps, you name it... What that means for the economy, though, is something else entirely, especially one centered around Wal Marts and suburbia.

[lovuian]

10. I'm gasping at that 200

number

[lectrobyte]

11. Why? It's what, $70 now, right? So that would mean prices

triple. The weak dollar plays into oil prices as well, since we import so much (energy and otherwise). This site is probably a good one to start with, http://www.lifeaftertheoilcrash.net but I encourage everyone to read different things and make up their own minds.