Arctic oil rush begins

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Officials from the five nations with Arctic coastlines have been meeting in Greenland for talks on the territorial status of the polar region. According to geologists, 25% of the world's oil and gas reserves could lie buried under the ice. The row over exploration rights intensified last year after Russia planted a flag on the sea-bed at the North Pole.

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Fat chance of the U.S. ever agreeing to a fair div... by Archie on Tuesday, Jun 3, 2008 at 3:56:45 PM