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Russia claims The North Pole
![Former Member](https://us.v-cdn.net/6030621/uploads/defaultavatar/nJHX7Z3NJVPO4.jpg)
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I think that's the case since it's technically an ocean, and therefore international waters (ice).
Dodgy cunts.
you really like calling people cunts dont you
It seems quite smart given that its got about a quarter of the world's untapped oil...
Wont it be deep sea drilling though which is really difficult and really expensive?
The Russian government becomes more rogue by the day.
Its not cost effective at the moment, but as easy to get at oil becomes scarce we'll move towards renewable sources and paying more for hard to get oil
Very much like the oil shales in Northern Canada, its oil soaked sand which is only economical to mine when the oil price is high.
Does it have oil?
No, but it could help if there was a future cheese shortage.
A large chunk of Icelands power is made that way.
Well since it's Bono it certainly won't be used to save the world.
Canada to build two military bases in Arctic in sovereignty row
...
http://www.guardian.co.uk/international/story/0,,2146615,00.html