The economic history of the Arctic region

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Casting a Cold Eye on Arctic Oil
By Nicholas D. Kristof, Opinion article, The New York Times, 10 September 2003. Both the oil industry and environmentalists exaggerate their cases. No one has any idea how much oil is here, and we will never know unless it is explored. Tt would be tragic to sacrifice this wilderness for a series of dry wells. Oil drilling would not ravage the entire refuge, only the coastal plain.