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Politics : THE WHITE HOUSE

SPY 677.60

-1.3%

Feb 5 4:00 PM EST

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To: GROUND ZERO™ who wrote (20843)	7/24/2008 12:29:17 PM
From: DuckTapeSunroof	Read Replies (1) of 25737

Re: "There 90 billion barrels of oil in the Arctic, maybe we should let the Chinese drill there and take it from us, we don't want to upset the environment..." If they sign the Law of the Seas treaty (haven't they already?) then they will be able to lay internationally recognized legal claims on resources that they may discover there --- beyond the national 'exclusive economic zones' of course, which are the sole property of the coastline nations such as US, Canada, Russia, etc. Until and unless the US signs the Treaty though... we will not be able to lay legal claims to resources we may find out beyond our Exclusive Economic Zone. Past time to get crackin' and sign --- if we want to take advantage of our technological lead and start grabbin' some of those under-sea resources!

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