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What else can I help you with?
Why are oil companies interested in antarctica?
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.
What could be harm of drilling for oil in Antarctica?
The environment is too cold to support drilling equipment.
Which country is drilling for oil in Antarctica?
The Antarctic Treaty System prohibits any mining or drilling for oil in Antarctica. All activities in Antarctica are closely monitored and regulated by the Antarctic Treaty parties to protect the continent's environment and ecosystem.
Does oil threaten Antarctica?
No, because there is no drilling for oil permitted south of 60 degrees South Latitude.
Would drilling for oil in the arctic benefit Canada?
Yes. Yes, it would. -lots of oil=lots of energy=lots of electricity=lots of comfort -lots of jobs
What would happen to the Antarctic if people do drill for oil?
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..
What is a non economic cost for drilling oil in Antarctica?
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.
Why that they did not want to extract the oil in 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...
How is Antarctica being exploited for oil?
There is no commercial oil drilling on Earth south of 60 degrees S, per the Antarctic Treaty.
What are the pros and cons of oil drilling in Antarctica?
At present, drilling for oil is prohibited until 2048. See Wikipedia link. Second, there has been some drilling in the 1970's offshore in the Ross Sea, but only traces of gas were found. It will be hard to justify spending money to explore for oil, as the cost of drilling and producing is very high. So the ban on exploration may continue after 2048. See second link.
What problems would occur while drilling oil in Antarctica?
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)
What are they doing to stop oil spills in antarctica?
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'.
