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:
“I have no doubt that soldiers well drilled are, as a class, peculiarly destitute of originality and independence.... It is impossible to give the soldier a good education without making him a deserter. His natural foe is the government that drills him.”
—Henry David Thoreau (1817–1862)
“I always put these pert jackanapeses out of countenance by looking extremely grave when they expect that I should laugh at their pleasantries; and by saying Well, and so?—as if they had not done, and that the sting were still to come. This disconcerts them, as they have no resources in themselves, and have but one set of jokes to live upon.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)