Greenland's oil, cont.

Via Felix Salmon, Greenland is "poised to achieve a geopolitical importance it hasn’t had since the invention of Risk."
Some estimates, including those of the U.S. Geological Survey, suggest Greenland’s coastal waters could hold anywhere from 16 billion to 47 billion barrels of oil, or 800,000 barrels for every man, woman, and child. That would mean a staggering leap in income for Greenlanders, who until two generations ago were mostly subsistence hunters and fishermen.
As the article notes (and I've noted before), not everyone is happy with this prospect. But it seems like both the hopers and the worriers will have to be a bit more patient:
The state oil company, Nunaoil, had one of the largest booths, with an eye-catching flame flaring out of an oil-burning lamp. I asked a company rep manning the booth where the oil was from. “Italy,” he laughed. “It’s olive oil from the grocery store. We haven’t found oil here yet.”

1 comment:

  1. Amyris oil appears to lack the well documented, historically rich background of other essential oils. This is largely due to the fact that the botanical origin of the tree that is used to produce amyris oil,
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    Amyris Oil