http://www.enn.com/ecosystems/article/46919
Due to receding ice levels in the Artic, oil and gas companies have been clamoring in order to tap potentially 1/4 of the world's oil reserves. There was found to be oil in Greenland. However,, no one as applied to drill, which will be due by February 1. This is the third year in a row this has occurred. The potential huge reserves are in the Northwestern part of the country. Even with the retreating ice, conditions for drilling re still too extreme. Hopefully Greenland remains this way.
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