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Trump says oil, gas and mineral exploration in Greenland is set to begin. It's not that simple

Americas 2 sources 1 country 10m ago

The president’s brief post on Truth Social pointed to the Danish territory’s plentiful oil supplies and natural resources but offered few details about the new initiative. President Donald Trump said that “massive” oil, gas and mineral exploration is set to begin in “our new and beautiful Greenland,” though it wasn't clear what developments he was referring to on an island where resource extraction has stymied companies for decades.Despite Trump’s optimism, the harsh climate of Greenland — a self-governing territory of Denmark, rather than a part of the United States — as well as a lack of infrastructure have foiled all previous attempts to extract so-called rare earth minerals, as well as oil and gas. No efforts have ever progressed beyond the exploratory stage, and a moratorium on new gas and oil permits has been in place for several years.“Massive Oil, Gas, and Mineral Exploration is getting ready to begin in our new and beautiful Greenland!” Trump posted on his Truth Social platform following a campaign event Tuesday in Wasilla, Alaska.Trump was stumping for Republican U.S.

Dan Sullivan, who is seeking a third term to represent the state in an election against Democratic former Rep. Mary Peltola.Rising energy prices — a direct result of the Iran war, which began on Feb. and Israel launched joint strikes — are creating serious and sustained financial hardships for working class Americans before the midterm elections next month.

Trump’s comments are likely aimed at addressing voters’ concerns before Election Day on Nov. 3.Recent deal paved way for more US bases but no exploration rightsLast month, Trump signed an agreement with the leaders of Denmark and Greenland to strengthen security in the Arctic and North Atlantic, following months of tensions with NATO allies over the U.S. president's repeated demands to take control of the semiautonomous Danish territory.

any special exploration rights, but does place some limits on investments by non-NATO countries in strategic sectors.The deal also paved the way for more U.S. bases in Greenland and eased tensions over Trump's repeated calls for Greenland to become part of the United States. The agreement would still apply if Greenland eventually chooses independence.Trump has expressed his desire to acquire Greenland since 2019 and, during his second term, issued threats to seize the territory from Denmark, a NATO ally.Naaja H.

Nathanielsen, who represents Greenland in Denmark's parliament, told The Associated Press on Wednesday…

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