Friday, October 16, 2009

Oil and ice 

Good news, from a certain point of view, and bad from another:

With such massive potential oil reserves, Greenland is poised to achieve a geopolitical importance it hasn’t had since the invention of Risk.


By Anonymous MAS1916, at Fri Oct 16, 11:07:00 AM:

Wow... this could mean that Greenland will no longer need the revenue from hosting US military bases!

And.. they could possibly afford to hire teachers and build facilities to fix their schools. And...they could heat their own homes with something besides burning whale blubber...

Man.. this could be a disaster!


By Blogger Dawnfire82, at Fri Oct 16, 11:59:00 AM:

Think bigger. Weak country with small population and no military yet a strategically important and valuable resource = super-gigantic prize.

I bet the Russians will get it. When Iceland's economy broke and currency collapsed last year, it was Ivan who was ready with a big-ass loan to rescue them and purchase a measure of dependence.

'Why would Iceland be strategically important to Russia? Maybe they were just being nice.'

Read 'Hunt for Red October,' followed by 'Red Storm Rising.'  

By Anonymous Anonymous, at Fri Oct 16, 12:11:00 PM:

I'd also recommend Daniel Yergin's The Prize. We've been "running out of oil" since we found it in Pennsylvania in the 1850s.

Link, over  

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