22 percent of undiscovered oil in ArcticEIA recycles USGS estimate from last year, says vast potential of shale gas could defer development of faraway Arctic gas deposits Wesley Loy For Petroleum News
The region north of the Arctic Circle could hold about 22 percent of the world’s undiscovered conventional oil and natural gas, an Oct. 19 report from the U.S. Energy Information Administration says.
This isn’t the freshest of news. The EIA report is based on a U.S. Geological Survey assessment rele....
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Distribution of resources No go for Arctic gas?
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