Why The U.S. is Suddenly Expanding its Claims on Ocean Seabeds ...Middle East

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There is an iron rule of resource exploitation: Go after the easy stuff first. If you don't, your competitors will and run you out of business with lower prices. But where do you go when the easy stuff runs out? (And the easy stuff always runs out.) The United States' recent expanded claims to ocean seabeds signals that the easy stuff has run out or will soon. More on those claims later. The obvious answer to getting more resources is to start digging up the harder stuff. Sometimes it's new technology that makes the harder stuff economical…

Hence then, the article about why the u s is suddenly expanding its claims on ocean seabeds was published today ( Monday 15/01/2024 - 11:04 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 15 January 2024 clock 11:04 PM

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