Oily One Morning

Oil in the Arctic is a hidden treasure that may provide answers to many of the questions surrounding America's deepest political scandal--the hacking of the 2016 presidential election.

A 2008 United States Geological Survey estimates that areas north of the Arctic Circle have 90 billion barrels of undiscovered, recoverable oil (and 44 billion barrels of natural gas liquids ) in 25 geologically defined areas thought to have potential for petroleum. This represents 13% of the undiscovered oil in the world.

In June 2007, a group of Russian geologists returned from a six-week voyage on a nuclear icebreaker, the expedition called Arktika 2007. They had traveled to the Lomonosov ridge, an underwater shelf going between Russia's remote, inhospitable eastern Arctic Ocean, and Ellesmere Island in Canada where the ridge lies 400m under the ocean surface.

According to Russia's media, the geologists returned with the "sensational news" that the Lomonosov ridge was linked to Russian Federation territory, boosting Russia's claim over the oil-and-gas rich triangle. The territory contained 10bn tons of gas and oil deposits, the scientists said.

In the early 2012 Russia planed to start the first commercial offshore oil drilling in the Arctic, on Prirazlomnaya platform in the Pechora Sea. The platform is the first Arctic-class ice-resistant oil rig in the world.

The oil and gas deposits in the Arctic region represent a fabulous treasure for anyone with the intent and the technology to extract them. As the Department of Justice continues to investigate collusion between the Trump political campaign and Russian intelligence operations a few nagging question persist: Could the lifting of sanctions against Russia be part of a larger deal to enable oil and gas companies to advance their financial interests in the Arctic? Could President Trump help facilitate the project by using his influence to get the sanctions removed

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