Financial Briefs

Breaking financial news from Wall Street to Main Street

BUSINESS OF GREEN

Posted by financialbriefs on September 24, 2008

The accelerating race to get oil and natural gas from the Arctic.

Rising energy prices have made the expensive work of discovering and pumping oil and natural gas from such an unforgiving environment as the Arctic more feasible. So has the drastic retreat of Arctic ice cover in recent years, which facilitates drilling and delivery by ship to distant markets.

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