The Arctic may hold 90 billion barrels of oil, more than all the known reserves of Nigeria, Kazakhstan and Mexico combined, and enough to supply U.S. demand for 12 years, the U.S. Geological Survey said.
One-third of the undiscovered oil is in Alaskan territory, the agency found in a study released today.
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Friday, August 1, 2008
Arctic May Hold 90 Billion Barrels of Oil, U.S. Says
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