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:
“A person who can’t pay gets another person who can’t pay to guarantee that he can pay. Like a person with two wooden legs getting another person with two wooden legs to guarantee that he has got two natural legs. It don’t make either of them able to do a walking-match.”
—Charles Dickens (1812–1870)
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—Ralph Waldo Emerson (1803–1882)