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Just-plain-Kathy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 02:27 PM
Original message
Just to put this out there...
Recently the Russians planted a flag on the sea bed of the North Pole. They’re attempting to seize control of the abundance of oil that could be drilled there.

clip...

This region north of the Arctic Circle holds -- get this -- 25 percent -- that's one-fourth -- of the world's undiscovered oil and gas. Five nations are competing to secure the rights to this incredible treasure in the Northwest Passage: The U.S., Canada, Norway, Denmark and Russia.

..yada...yada...yada

.........As for the United States, the boat has left the dock. WE HAVE PRACTICALLY NO POSITION SINCE WE REFUSED TO SIGN THE LAW OF THE SEA TREATY.

..end clip

http://www.mclaughlin.com/thisweek/thisweek.asp

http://www.heritage.org/Research/InternationalOrganizations/wm470.cfm


So get this, we’re out of the running for all that oil that’s up for grab because of republicans. It was Ronald Reagan who refused to sign the Law of the Sea Treaty. Admittedly Reagan had good reasons not to sign, but when Clinton righted some of wrongs of that treaty...our then 1998 republican-led senate failed to give Senate ratification: Therefore, the United States' provisional participation expired in 1998.

Republicans failed policy of being obstructionists when it comes to supporting democrats no mater what’s at stake, has lead to us losing our chance at this oil.
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 02:28 PM
Response to Original message
1. don't forget Finland
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rodeodance Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 02:29 PM
Response to Original message
2. and i think Sweden sent a boat a few days ago also
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Brigid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 02:50 PM
Response to Original message
3. And whose idea was it . . .
not to sign the Law of the Sea Treaty? I'll bet I can guess. :eyes:
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TNOE Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 03:23 PM
Response to Original message
4. No biggie
cause we're going to get all of Iraq and Iran's oil.......

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angrycarpenter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-15-07 04:19 PM
Response to Original message
5. there will be desputes over territory
maybe we are better off just buying the oil from whoever wins the arctic oil war than having to protect oil fields with half our navy. This is A situation than requires the most skillful diplomacy, something we are short on right now. I would rather the US lose A stake in the new fields than Bush getting involved and turn it into another reason for the world to hate our guts.
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