Huge Amount Of Fossil Fuels In Arctic: 90 Billion Barrels Of Oil And 1,670 Trillion Cubic Feet Of Natural Gas

Thursday, July 24, 2008 - 11:21 in Earth & Climate

The area north of the Arctic Circle has an estimated 90 billion barrels of undiscovered, technically recoverable oil, 1,670 trillion cubic feet of technically recoverable natural gas, and 44 billion barrels of technically recoverable natural gas liquids in 25 geologically defined areas thought to have potential for petroleum. These resources account for about 22 percent of the undiscovered, technically recoverable resources in the world.

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