sbynews

DelMarVa’s Premier Source for Conservative News, Opinion, Analysis, and Human Interest

Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349

The opinions expressed by columnists are their own and do not represent our advertisers

What Is the Economic Value of Greenland and Why Does Trump Want It So Badly?

All of a sudden, everyone is talking about Greenland.  Normally, Greenland is a place that is largely ignored by the rest of the world, but apparently Donald Trump is very serious about acquiring it.  But what would that look like?  If Greenland is made the 51st state, it would have as many U.S. Senators as the state of California.  That could have very serious implications for the balance of power in Congress.  And how would Greenland vote in U.S. presidential elections?  Has anyone even considered that?  Of course Greenland could become just another U.S. territory, but why would the citizens of Greenland want to become the next Puerto Rico?  That certainly doesn’t sound very appealing.  And why is Trump making such a big deal out of this anyway?  Approximately 56,000 people live in Greenland, and 80 percent of it is covered in ice.  So why does Trump want it so badly?

Of course the truth is that it all comes down to natural resources.

In particular, Greenland has lots and lots of oil.

According to Wikipedia, Greenland “has some of the world’s largest remaining oil resources”…

Some geologists believe Greenland has some of the world’s largest remaining oil resources:[30] in 2001, the U.S. Geological Survey found that the waters off north-eastern Greenland (north and south of the Arctic Circle) could contain up to 110 billion barrels (17×109 m3) of oil,[31] and in 2010 the British petrochemical company Cairns Oil reported “the first firm indications” of commercially viable oil deposits.[32]

The U.S. consumes an average of approximately 20 million barrels of petroleum per day.

So 110 billion barrels is a serious amount of oil.

More

1 thought on “What Is the Economic Value of Greenland and Why Does Trump Want It So Badly?”

  1. He’s after two things:

    1. Peaceful land grab / strategic boundary and buffer if needed in The future

    2. Rare earth minerals to counter China’s control of the market and strangling us for the manufacture of manner of military grade high teck goodies

Leave a Comment

Your email address will not be published. Required fields are marked *