The weather at Glacier Bay National Park is (Crystal Wind Chime) still balmy.

Petermann is a sleeping giant (click title to entry - thank you) that is slowly awakening. Removing flow resistance leads to flow acceleration…. The coincidence of this area loss and a 30 square kilometer loss in 2008 with abnormal warmth this year, the setting of increasing sea surface temperatures and sea ice decline are all part of a climate warming pattern.


Lat/Lon: 58.8° N 137.0° W


Elevation: 33 ft


Local Time: 4:33 PM AKDT on August 17, 2010 (GMT -08)


Temperature :: 61 Fahrenheit


Conditions :: Overcast


Humidity :: 82%




Dew Point :: 55 Fahrenheit


Wind :: 10 mph from the Southeast


Pressure :: 29.83 inches (Rising)


Visibility :: 10.0 miles


UV :: 1 out of 16


Clouds :: Mostly Cloudy 4100 feet


Overcast 4700 feet


(Above Ground Level)


Bloomberg Businessweek
Greenland OKs more offshore Arctic drilling
The Associated Press
August 17, 2010, 11:05AM ET text size: TT

COPENHAGEN, Denmark
Greenland has given permission to a Scottish oil and gas company to drill two deepwater exploration wells off the ice-capped island's west coast.
Edinburgh-based Cairn Energy PLC started two other wells in the same area on July 1.
The Greenland government said Tuesday the drilling must cease before drift ice appears in the area.
Greenpeace criticized the decision, and said Cairn should follow the example of oil companies that have suspended deepwater drilling in the wake of the spill in the Gulf of Mexico.
Drilling for oil and gas in the deep ocean off Greenland's west coast resumed in 2001, three decades after a previous effort failed to find oil. Exploration so far has been unsuccessful.



http://www.businessweek.com/ap/financialnews/D9HLAAK82.htm
 
 
 
Greenland oil lures Cairn Energy from India
 
- Vedanta pays £5bn for 51% of Cairn India


- Cairn Energy will use proceeds to fund Greenland project


Simon Goodley
guardian.co.uk
Monday 16 August 2010 20.14 BST


Cairn Energy, the oil exploration group, confirmed that it had sold a 51% stake in Cairn India to Vedanta for £5bn to help fund its move towards exploration projects off the coast of Greenland, just as offshore drilling becomes more controversial.
The deal will also allow the Edinburgh-based company, which owns 62% of Cairn India, to return a "substantial sum" to investors while adding to its two rigs positioned 200km away from Aasiaat, on Greenland's west coast.
The explorer insists that the Greenland projects do not classify as "deep water" - a thorny issue after the controversy that engulfed BP this year – as the seabed is less than 1,000 metres below the surface. However, it has hired rigs with deep water capabilities for the drilling....

http://www.guardian.co.uk/business/2010/aug/16/cairn-energy-vedanta-greenland