Trump says 'massive' oil, gas and mineral exploration to begin in Greenland
Trump cited vast untapped reserves and Greenland’s role in U.S. missile defense, but gave no details on companies, sites or timing.
- On Wednesday, President Donald Trump announced that major oil, gas, and mineral exploration is set to begin in Greenland, writing on Truth Social that the region is "our new and beautiful Greenland."
- This announcement follows a September agreement between the United States, Denmark, and Greenland that expands the American military presence while reaffirming Danish sovereignty over the territory.
- Washington plans to establish two additional military sites at Narsarsuaq and Mestersvig to support Trump's proposed "Golden Dome" missile defense system, which he claims will intercept future threats.
- While Greenland holds significant rare earth elements and potential oil reserves, experts note that severe Arctic conditions and high extraction costs complicate commercial viability, with no established production on the island.
- As diesel averaged $6.2787 a gallon on Wednesday, critics urge the administration to reverse recent deals involving Russia to supply fuel markets, complicating the energy-focused strategy.
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The United States must comply with Greenlandic legislation if it wants to search for resources on the island. This was stated by the Danish Ministry of Foreign Affairs, after US President Donald Trump had previously declared that the US would begin ‘large-scale oil, gas, and mineral exploration’ in Greenland.
Denmark and Greenland have rejected statements by US President Trump on upcoming explorations of oil resources on the Arctic island.
THE Greenland government has denied Trump's statements about imminent massive oil and gas exploration. Although there is cooperation with the US, exploitation is technically demanding and is years away from realization.
US President Donald Trump has said that "massive" oil, gas and mineral exploration is set to begin in Greenland. In a post on his Social Truth platform on Wednesday, Trump said the Arctic island - a self-governing Danish territory - holds some of the world's largest reserves of oil that can be "easily" extracted. "Massive oil, gas and mineral exploration is set to begin in our beautiful new Greenland!" Trump said in a post on Social Truth. "The …
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