22 percent of undiscovered oil in Arctic
EIA recycles USGS estimate from last year, says vast potential of shale gas could defer development of faraway Arctic gas deposits
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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No go for Arctic gas?
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