Friday, July 25, 2008

Arctic Abundance By INVESTOR'S BUSINESS DAILY

It has become something of an article of faith among those who oppose drilling in the Arctic that it's too much trouble for too little oil. Well, how about 90 billion barrels of oil? Too little for you?

That's how much oil is estimated to be in the Arctic region, with at least a third of it under sovereign U.S. territory, according to a new study by the U.S. Geological Survey.

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