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US and Russia are the only countries exempt from the ban on new territorial claims under the UN Antarctic Treaty. Drilling is also banned but thanks to carbon credits, you don't need to drill to monetize oil: you just need to threaten that you will.
"You know us: we have violated international law before. You can pay us $5/ton to leave some of the oil behind on the off-chance that we do it again. New low for carbon credits!"
That's fucking stupid. That's like paying someone for not killing you.
Fortunately global warming will make it super easy to get to! Win/Win!
I'm pinning my hopes on crude oil prices being much lower after the 10-20 years it would take to sort out the territorial disputes and complete construction of rigs that could pump oil in large volume. Oil will still be very valuable in 10-20 years, but i would guess it'll be much less valuable then, and hopefully the price will be low enough to make it not worth the massive outlay cost
The reserves uncovered contain around 511 billion barrels worth of oil, equating to around 10 times the North Sea's output over the last 50 years.
According to documents discussed in U.K. parliament last week, the discovery was made by Russian research ships in the Weddell Sea, which falls under the U.K.'s claim in Antarctic territory. That claim overlaps with those of Chile and Argentina.
So in the water, not the land.
What difference does it make?
The land is not supposed to be claimed by any nation. The sea, well as the article says is claimed by 3.
US about to declare war on the Arctic and bring some freedom to…uh…the penguins?
Yeah, it's Russia sniffing around the area that should be unclaimable any nation.
Gonna find a penguin wedding and drone strike it. Just for shits and giggles. (All penguins within 500ft of the impact are designated "Enemy Combatants" by default. (This totally isn't a war crime))
This totally isn’t a war crime
Robert M. Gates:
Very legal. Very cool.
I was about to correct you, but then thought, no, I wouldn't put it past the US to invade the Arctic when oil is discovered in the Antarctic.
[Trump pulls out a sharpie and starts circling the wrong part of the map]
"I AM PLACING TARIFFS ON PENGUINS UNTIL THEY GIVE US THEIR OIL AND SHOW ME HOW TO DO ALL THE DANCE MOVES FROM HAPPY FEET!"
Followed by 65 year old Moms whose children haven't spoken to in a decade making Facebook memes with a Minion with Trump's toupee and 8 clones of the same exact frame of Pingu atop an Iceberg, next to a crop of the American Flag from Apollo 11, with an oil rig in the background.
Upper Text: Happy Feet Tariffs: The Final Frontier!
Bottom Text: Trump and Penguins Agree - LOVE America!
I'd actually be curious to know if melting ice caps makes oil drilling more or less hazardous in this case.
But 100% agreed on not trusting oil companies to be mindful when doing anything there. We may also be hearing some formal declaration from the US saying the penguins have WMDs and are anti freedom in the not so distant future.
Just what we don't need.
ever get the feeling that devil's blood really is the final "fuck you, mammals!" from the dinosaurs?