Natural Resources
See also: Natural resources of the Arctic, Territorial claims in the Arctic, and Marine mammalPetroleum and natural gas fields, placer deposits, polymetallic nodules, sand and gravel aggregates, fish, seals and whales can all be found in abundance in the region.
The political dead zone near the center of the sea is also the focus of a mounting dispute between the United States, Russia, Canada, Norway, and Denmark. It is significant for the global energy market because it may hold 25% or more of the world's undiscovered oil and gas resources.
Read more about this topic: Arctic Ocean
Famous quotes containing the words natural and/or resources:
“As a natural process, of the same character as the development of a tree from its seed, or of a fowl from its egg, evolution excludes creation and all other kinds of supernatural intervention.”
—Thomas Henry Huxley (1825–95)
“When we want culture more than potatoes, and illumination more than sugar-plums, then the great resources of a world are taxed and drawn out, and the result, or staple production, is, not slaves, nor operatives, but men,—those rare fruits called heroes, saints, poets, philosophers, and redeemers.”
—Henry David Thoreau (1817–1862)