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Oil expert says industry might use Antarctica
invictus
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7-12-2006 8:02 PM
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oil
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antarctica
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environment
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/7457b7f9-46d7-45c5-8b0d-5f722e7085bf/A9864CF0-C75E-4D65-BCC4-9A51A8A96EA6/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.abc.net.au/news/newsitems/200607/s1684224.htm" href="http://www.abc.net.au/news/newsitems/200607/s1684224.htm" style="font-size: 11px;">www.abc.net.au</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.abc.net.au/news/newsitems/200607/s1684224.htm"><H1>Oil expert says industry might use Antarctica</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.abc.net.au/news/newsitems/200607/s1684224.htm"><DIV id="storystyles"> <P class="wallacepara"> An international oil industry expert who says global oil supply has reached its production peak has warned places like Antarctica may not be safe from oil exploration.</P><P class="wallacepara"> Dr Ali Samsam Bakhtiari has given evidence to a Senate committee about his calculations that crude oil demand will out-strip supply within five or six years.</P><P class="wallacepara"> He says one polar region in the Antarctic is already close to being exploited.</P><P class="wallacepara"> "I hope that the oil industry will not go into Antarctica but when the price will be $200 or $300 per barrel, then anything can happen," he said.</p> </DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A9864CF0-C75E-4D65-BCC4-9A51A8A96EA6/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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