Cooper, Bryan
Bryan Cooper is a Canadian reporter, editor, and feature writer.
The Arctic is like a giant refrigerator where the decomposition of matter is extremely slow and metal or plastic is practically immortal. Alaska the Last Frontier, 1973.
Oil companies with a U. S. tax liability can write-off against profits any expenses involved in oil exploration as well as a depletion allowance for any oil discovered, effectively halving exploration costs. This applies to American oil companies in whatever part of the world they operate and has been a major factor in their rapid growth as compared with British companies, who have to capitalize and write them off for ten years. Ibid.
The U. S. consumes some 30 per cent of the world's total energy, although with less than 7 per cent of the world's population. Ibid.
Just as coal was formed from vegetation buried in prehistoric times, so oil was the result of dead marine organisms that fell to beds of ancient seas. Ibid.