'Billions Of Barrels Of Oil Under The Ice': Why Trump Wants Greenland So Desperately | Explained

Trump | Trump on Greenland | Why Trump wants Greenland? | What is greenland issue? | Greenland worth | US News
As Donald Trump sets his eyes on acquiring Greenland and even threatens military force, the question arises - exactly how valuable is Greenland?

Even during his first term, Trump floated the idea of the United States of America buying Greenland from Denmark, like a real estate deal. If Denmark drops its opposition, then how much would Trump be willing to pay for the world's largest island?

And even more importantly, is this issue just about national security, as Trump claims?

Or about the oil and gas buried under the soil? Or is it about something else entirely?

Watch

#greenland #donaldtrump #money

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[TammyPowell-qdoo]

This has nothing to do with national security!

[mandipkumar]

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[reloaderify]

US(on finding out oil in Greenland): Greenland needs freedom!!

[BjarkeKærsgård]

Greenland has no assets besides the kind and friendly population. Here is a google translation of what the Greenlandic geologist Minik Rosing said yesterday:

Trump's great interest in Greenland is not just about security policy. In connection with his visit to Nuuk, Donald Trump Junior also spoke about the country's 'fantastic natural resources.' But the American dreams of the riches in Greenland's underground have no basis in reality, believes the Danish-Greenlandic geologist Minik Rosing.

- We have known most of these resources for centuries. Still, it has not been possible to extract it, he says in Deadline.

The American interest is, among other things, in the so-called rare earths, which are used in the production of everything from electric cars to wind turbines. But they are expensive to extract, difficult to sell and not even that rare, emphasizes Minik Rosing.

- Especially the rare strategic raw materials are very small markets, which are already controlled by China, and there are very few buyers. So if you start producing something, you are not sure that anyone will buy it.

According to Minik Rosing, it is therefore potential buyers who will decide the future of the extraction of raw materials in Greenland.

- What is needed is neither ownership nor anything else. It is that either the US or the EU or both parties decide that they want security of supply. They will commit to buying the product if you produce it. Then it will start tomorrow.


He also said there are geological structures that may contain oil, but oil has never been found. He compaired it to buying 100 lottery tickets and expect 100 jackpots
A question: what would you do if a 50Km3 iceblock is drifting towards your oil rigg.

[OsiasNocum]

Greenland is priceless ecologically and globally..and it belongs to the People of Greenland, administered by Denmark..(don't even consider the monetary consideration)

[raghavendravishwas]

Greenland: 90s Indian kids Social studies standard 5 chapter 😂😂

[agffans]

We are never going to know what Greenland is worth, because all five parties in the Greenlandic parliament say no to Greenland becoming part of the USA, so it's not a question of the USA making an offer that Denmark and Greenland are not able to refuse, but that Denmark and Greenland will not even let the USA make an offer, which both the PM of Greenland and Danish PM already have made crystal clear, that this is totally absurd and unthinkable.

According to both the Danish PM and the Greenlandic PM, the discussion is not about Greenland totally cutting their ties to Denmark, but getting more independence, in the sense that they want to go from being more of a territory ruled by Denmark, to a real independent country within the realm of a "United Kingdom of Denmark" so to speak.

It's also important to understand, that with this small a population, Greenland would never be regarded as more than a territory under a US ownership, so this goes against everything the Greenlandic people want.

[VijayPatil-tzcr]

Where their is oil theirs America 😂😂😂. Iraq, Syria and now greenland 😂😂

[MarieGoshorn]

Take care of USA and forget about Canada Green Land and Panama Canal

[LasseEklof]

If Trump likes Greenland so much, he can move there and become a Greenlandic citizen.

[ValerioQuatrano]

USA do not help Europe with Russia, but Denmark should give up its rights to Greenland for American sake.

[agffans]

As for the USA forcing Denmark to negotiate, then Denmark's total yearly exports to the USA is worth around $6.5 billion and the imports are worth around $5.5 billion. To put this into some sort of perspective, then Denmark has seen an increasing government budget surplus since the covid-19 crisis, ranging in the area from around a $8.4 billion to $18.4 billion surplus a year, despite a huge increase in military spending's and billions worth of military aid for Ukraine.

So Denmark is not scared of a trade war with the USA, only sorry for all the US citizen who will no longer being able to afford buying insulin from Novo Nordisk, that today is saving lives in the USA from the lethal Diabetes. With a huge penalty of trade tariffs on all US imports from Denmark, the price of insulin from Novo will become massively more expensive in the USA, so it will not really be Denmark as such that will suffer, but the diabetics in the USA who then may not be able to afford it, no matter how much they depend on it.

In any case, the EU have already made it clear that a trade war against one of it's members will be dealt with as a trade war against all of the EU, so a US trade war with Denmark over the ownership of Greenland also = a trade war with all of the EU, which would be a disaster for the USA and Trump.

[markmuteti]

Greenland prepare for some freedom and democracy 😂

[amaryllis]

I knew it, it's OIL, the drug of USA

[aliceputt]

Ask the natives of Alaska how great they have been treated as Americans or ask Puerto Rico. Also he's taking away our pathetic health care.

[danieltan]

Why Trump not speech : I need China, I need to buy China.... Great Dream Again !!

[nonamenone]

If other countries are getting angry, put it against Donald Trump, not against Americans

[kghello]

The USA literally nominated megalomaniac. The imperialist desire of the USA clearly shows how important it is to go independent as soon as possible.

[ulaiasibutukoro]

No one really cared about Greenland expect Greenland and Denmark people until now when Trump starts talking about Greenland.

[vimalvalluru]

If there is a brilliant idea from Elon Musk to extract rare earth minerals, the idea of using financial coercion or military action can't be ruled out. It looks like Denmark would yield to US threats and have US a free ride.