Global Warming Produces Crude –

Global warming has helped to reveal large deposits of crude oil in Greenland.  In an ironic twist, global warming seems to have been an aid to the discovery of oil deposits in Greenland.  The initial thaw in the 1990s allowed for the discovery when oil was found seeping out of the rocks.  The amount of reserves on one coast is estimated to be over 50 billion barrels.  The slightly warmer climates in Greenland will allow for further exploration as well as more oil rigs.

To view a related article, please click here:

http://business.theage.com.au/thaw-exposes-greenlands-oil/20080327-21uo.html?page=1

James Sultiff

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