BILLIONS of Litres of Oil & Gold FOUND in 'Desert WASTE BARREN LAND' - Alaska Story #shorts

Episode Title: BILLIONS of Litres of Oil & Gold FOUND in 'Desert WASTE BARREN LAND' - Alaska Story #shorts
Produced by: FactTechz
Description: In the mid-1800s, Russia owned Alaska, but it was a distant and difficult territory to manage. The land was vast, icy, and far from Moscow. Maintaining military presence there was costly, and Russia feared it might lose Alaska to Britain in a future conflict, especially since Canada was already under British control. At the same time, Russia was short on money after wars in Europe. Seeing little value in Alaska’s frozen wilderness, Russia decided to sell it. Negotiations began with the United States, which was interested in expanding westward and securing access to the Pacific. On March 30, 1867, the two sides struck a deal: the U.S. would buy Alaska for $7.2 million, about two cents per acre. The agreement was signed by U.S. Secretary of State William H. Seward and the Russian ambassador. At first, many Americans mocked the purchase, calling it “Seward’s Folly” or “Seward’s Icebox,” thinking it was a waste of money. But the discovery of gold, oil, and other resources later proved the deal to be a huge bargain. Today, Alaska is considered one of the most valuable U.S. states, making the sale a historic turning point. Subscribe for more educational content and unlock knowledge every day with FactTechz!


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