Article: Newfoundland looks to oil to pull it out of depression.(Originated from Knight-Ridder Newspapers)

ST. JOHN'S, Newfoundland _ When explorer John Cabot discovered this wild, rocky, massive chunk of land in the North Atlantic 500 years ago, he remarked that codfish were so plentiful that he could catch one by just dipping his basket into the sea.

For centuries, the hardy people who followed Cabot to Newfoundland relied on the sea with its rich stock of cod as a provider of plenty. Just five years ago, the cod fishery provided 45,000 jobs.

But overfishing and a mysterious cooling of ocean waters that scientists believe is a paradoxical effect of global warming have caused the unthinkable _ cod have all but disappeared. Since 1992, a ...

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