Defense Technology International – Arming the Arctic
The environmental changes occurring in the Arctic are as dramatic as they are significant for security cooperation and competition among Arctic nations. With the polar ice cap receding 25 percent since 1978, vast tracts of unexplored ocean rich with natural resources are opening up. In 2009, the U.S. Geological Survey estimated that the Arctic contains over 90 billion barrels of oil, 1,669 trillion cubic feet of natural gas, and some 44 billion barrels of natural gas liquids—of which the USGS estimates a whopping 84 percent may wait “offshore.”