Arctic Ocean - Natural Resources

Natural Resources

See also: Natural resources of the Arctic, Territorial claims in the Arctic, and Marine mammal

Petroleum 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:

    What journeyings on foot and on horseback through the wilderness, to preach the gospel to these minks and muskrats! who first, no doubt, listened with their red ears out of a natural hospitality and courtesy, and afterward from curiosity or even interest, till at length there “were praying Indians,” and, as the General Court wrote to Cromwell, the “work is brought to this perfection that some of the Indians themselves can pray and prophesy in a comfortable manner.”
    Henry David Thoreau (1817–1862)

    Everywhere we are told that our human resources are all to be used, that our civilization itself means the uses of everything it has—the inventions, the histories, every scrap of fact. But there is one kind of knowledge—infinitely precious, time- resistant more than monuments, here to be passed between the generations in any way it may be: never to be used. And that is poetry.
    Muriel Rukeyser (1913–1980)