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 resources, natural and/or resources:
“The open frontier, the hardships of homesteading from scratch, the wealth of natural resources, the whole vast challenge of a continent waiting to be exploited, combined to produce a prevailing materialism and an American drive bent as much, if not more, on money, property, and power than was true of the Old World from which we had fled.”
—Barbara Tuchman (19121989)
“The home is a womans natural background.... From the beginning I tried to have the policy of the store reflect as nearly as it was possible in the commercial world, those standards of comfort and grace which are apparent in a lovely home.”
—Hortense Odlum (1892?)
“Parents can offer their help by suggesting and locating resources likely to be unfamiliar to children, such as people, books, and materials that can be useful.”
—Dorothy H. Cohen (20th century)