How much oil lies under that Arctic ice? 90 billion barrels, according to the US Geological Survey.
But, how much really is that? If you ask an oil company, that’s a huge amount. With a barrel of oil over the hundred dollar mark, that’s nine trillion dollars worth at today’s prices – if you could get at it all.
However, there’s a much more important number than the mind-boggling figures that the oil companies deal in.
That’s the number of years the Arctic oil could keep our addiction going for.
Three years.
It’s astonishing. All the flag planting, dragging of icebergs and gambling with risky drilling, is all to dig up a dead fuel that will only keep us going for three years (global consumption is approx. 80 million barrels / day).
via Destroying the Arctic for a three-year fix | Greenpeace UK.
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