The next petro war?
On August 2 of this year, asserting a symbolic claim to almost half of the Arctic Basin, a Russian submarine with two parliamentarians on board planted a corrosion-resistant titanium flag more than two miles down directly under the North Pole. In its international implications, the flag-planting anticipated a second epochal event when, on August 21, it was officially announced that the Northwest Passage, emerging at last from millennia of ice, was navigable and open to commercial shipping, removing as many as five thousand miles from long world voyages by way of the Panama Canal. A week later, on August 28, came the latest reports of a scarily accelerating loss of Arctic sea ice attributed by most scientists to global warming, a loss that on September 5 would be confirmed as the greatest on record.
You see, global warming is good! More available ocean floor is now available for oil exploration! And trust me on this, there will be a conflict over such a move.
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