A recent scientific expedition to the Arctic has retrieved cores from the ocean bed that provide tantalizing hints about the presence of oil and gas. The core samples will also give researchers an abundance of information about climate conditions at the North Pole many millions, perhaps ten of millions of years in the past. This will help them put the current global warming trend into a broader context.
Indications about the presence of oil and gas are consistent with predictions by the U. S. Geological Survey's World Petroleum Assessment that vast reserves are available in the Arctic, something discussed in a previous post, Do high oil prices foreshadow a deeper crisis?.
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