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USGS seeks to quantify unfathomable richness of Arctic Circle oil, gas resources

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24 July 2008 @ 02:14 am EST

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The U.S. Geological Survey Wednesday released the first publicly available petroleum resource estimate of the entire area north of the Arctic Circle, suggesting that 90 billion barrels of oil, 1,670 trillion cubic feet of natural gas, and 44 million barrels of technically recoverable natural gas liquids in...

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