2006-09-05 13:02:28 · 4 answers · asked by Robert R 1 in Politics & Government ➔ Other - Politics & Government
There's supposed to be oil there, right?
Hmmm, that's about 1,760,104 square kilometers or 679,580 square miles -- that would be 434,931,200 acres.
Okay, just found a 10-acre lot in Alaska that went for $2,550, so that's $255 per acre. Now, keep in mind this is a residential lot. For the Russian land we're talking about, we should take out the perma-frost penalty and the middle-of-nowhere penalty, but it's likely that the seller would insist on charging a possible-oil-down-here premium. So I'd say the price would come out to about $130-ish, maybe $115 per acre on a good day.
So our total comes out to -- $50,017,088,000 -- a mere $50 billion.
Geez, that's a lot cheaper than Iraq. -- That is, of course, if the Russians are willing to sell and we can outbid the Japanese.
2006-09-05 13:36:22 · answer #1 · answered by corous 2 · 0⤊ 0⤋
To corous: no, this is the place where most of Russian gold is coming from.
Russia won't sell.
If there were a way to reneg on Alaska sale, Russia would reneg on that deal too
2006-09-07 15:25:52 · answer #2 · answered by hec 5 · 0⤊ 0⤋
A dollar. And even then it would be a ripoff. It's part of Siberia, there isn't anything there besides ice.
2006-09-05 20:26:54 · answer #3 · answered by Anonymous · 0⤊ 0⤋
They can keep it.
2006-09-05 20:04:07 · answer #4 · answered by Jay 5 · 0⤊ 0⤋