Why Global warming means easy access to the 100 Billion tons of Arctic Oil

What does Ny Alesund, an insignificant Arctic Island and Russia's 8-20-07; flag planting on the floor of the Arctic Ocean have to do with each other?

What is going on in closed conference rooms and whispered conversations in Gas intoxicated Limousines hurtling down asphalt arteries of China, S. Korea, India, Gr. Britain, Canada and the U.S. by oil operatives and Bureaucrats?

What does the speculated 100 Billion tons of Oil under the Global Warming induced melting Arctic have to do with the definitions and parameters of Global Warming?

The reality is all of the above. It barely made news when Russia planted it's flag on the Arctic Ocean's floor staking claim to the Arctics resource potential. The suspected 100 Billion tons of Arctic Oil and other minerals has if anything introduced a new metric into the Global Warming equation.

Global Warming, and the melting of Arctic ice isn't being seen as a liability by oil executives and governmental bureaucrats. Instead the melting Arctic ice is now seen as a practical ally in exploiting resources which without it would be prohibitively expensive. But the Global Warming debate for obvious reasons is at the expense of this fact.

By Apropos