In happier days, when we possessed a competent Foreign Office and supporting agencies, a long-running yet relatively minor military conflict would have arisen between Argentina and Chile (long frontier to soak up lots of resource)
In 2011, as per previous postings by other on pprune, if the FCs do not object then any military incursion into the Falklands by the Argentinians will be currently met with vastly superior air power, a high attrition rate for skimmers and a Tomahawk storm.
But isn't it about time we saw some of this oil?