91 $7 trillion worth of oil discovered under melting ice in the Arctic considered to be a modern day gold rush. (www.dailymail.co.uk) posted 339 days ago by ILoveIvermectin 339 days ago by ILoveIvermectin +91 / -0 Fossil fuel corporations are poised for $7 trillion Arctic bonanza A new paper published in the journal Science has warned that melting areas in the Arctic have become 'frontlines for resource extraction', describing it as a 'modern day gold rush'. 26 comments share 26 comments share save hide report block hide replies
I worked for a short time with a company that supplies the oil drillers. They do have long-term plans and budgets that reflect exactly that- sweet date ranges to return to tapped-out locations and test to start again.