The document discusses the lack of commercial viability of extracting iron ore and oil from Antarctica. While iron ore and indications of oil and gas have been found in Antarctica, extracting these resources would not be economically worthwhile. Obtaining oil from Antarctica is estimated to cost over $100 per barrel, more than the current market price, and there are enough global oil reserves to meet needs for several decades without Antarctic oil. Similarly, Antarctica's iron ore deposits contain too little iron to be profitable to mine.
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