Tuesday, October 12, 2010

Are We Heading for An Arctic Oil War? | The Price of Oil

Are We Heading for An Arctic Oil War? | The Price of Oil

The next resource war may happen not in the Middle East, but in the Arctic.

That is the view of the one of NATO’s most senior commanders, Admiral James Stavridis, the supreme allied commander for Europe.

The Admiral’s argument is that as the ice melts because of climate change, the race for resources could lead to conflict in the Arctic. Its not a new argument, but what is new is that NATO is expressing such concerns publicly.

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