you can't because you will be drilling through ice so eventually you will get to the bottom and that will be the water so you can't find oil in Antartica.
None that are obvious, because the cost of extraction would most likely exceed the income from any sale.
oil
There is no benefit. Drilling for oil is practically impossible and would not be profitable, since it's too cold for this kind of enterprise. In addition, this work is not allowed under the Antarctic Treaty.
The environment is too cold to support drilling equipment.
No company is currently (as of May 21, 2009) drilling for oil in Antartica. I base this on a search of the Internet.
No, because there is no drilling for oil permitted south of 60 degrees South Latitude.
Yes. Yes, it would. -lots of oil=lots of energy=lots of electricity=lots of comfort -lots of jobs
Antarctica would remain as it is, because drilling for oil violates the Antarctic Treaty, and drilling is prohibited and illegal. As well, drilling north of 60 degrees S, which is legal, would mean that the 'people' would lose vast amounts of money given the depth of the oceans and the proof of failure recently experienced by Shell Oil in Arctic polar waters..
Shell Oil has recently proven with the economic cost of US$7,000,000,000 (billion) that polar oil exploration is not economically feasible. The proved it in the Arctic. The Antarctic Treaty prohibits commercial enterprises south of 60 degrees S., which includes Antarctica.
We are having an assesment on this .LOL. Rocks in Antarctica have been said to have oil, coals and minerals. Even in this case oil drilling is not allowed. It is unlikely that it will ever be allowed because they want to keep Antarctica neutral.From Me...
There is no commercial oil drilling on Earth south of 60 degrees S, per the Antarctic Treaty.
Fossil fuels, coal and oil won't be found in Antarctica, because The Antarctic Treaty bans drilling or mineral exploration.
Shell Oil recently abandoned its seven billion dollar US investment in polar drilling operations around the North Pole. Similar challenges would face any extractor in the south polar region, plus the Antarctic Treaty (1961) prohibits any commercial or extraction enterprises south of 60 degrees S. This means that any oil drilling would have to take place in extremely deep ocean water north of 60 degrees S. Corresponding oil drilling in the north -- 52 to 54 degrees N in the Irish Sea, drill into depths of about 576 feet. The Southern Ocean that surrounds Antarctica has an average depth of 13,100 - 16,400 ft deep (4,000 to 5,000 meters)
Oil spills are not a phenomenon on Antarctica. There are fuel spill accidents, which are cleaned up immediately and logged. There are no commercial ventures on earth south of 60 degrees S, per the Antarctic Treaty, so there is no oil drilling that could cause an 'oil spill'.