"The Arctic’s last prize concerns commodities. This used to mean hydrocarbons. The region is thought to hold 13% of the world’s undiscovered oil and 30% of untapped natural gas. But its deposits are among the costliest to exploit—not ideal when demand for oil is flagging and a glut of natural gas, produced more cheaply in America and Qatar, is on the way."
Source: Strict-System-9528