Academic

DRILLING FOR BLACK GOLD IN GREENLAND: ?For Americans used to hearing about huge fossil fuel deposit?

By Glenn Reynolds

DRILLING FOR BLACK GOLD IN GREENLAND: “For Americans used to hearing about huge fossil fuel deposits in Venezuela, Nigeria, Saudi Arabia, Russia and other locations that are politically unstable or intermittently antagonistic toward the West, this could come as welcome news. Greenland is a lightly inhabited arctic wilderness administered for now by the unthreatening Scandinavian country of Denmark. The territory is counting on oil and mineral development to fund a gradual move toward independence, and the discovery is being cheered in Nuuk, Greenland’s capital.”

UPDATE: Reader Chris Jonkman writes: “Hmmm, that kind of reminds me of another place with oil that is friendly to the West?Alaska, anyone?” Yeah, but drilling there would doom the planet.

Full post as published by Instapundit.com on September 25, 2010 (boomark / email).