The new frontier: Drilling in the Arctic and race with
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The new frontier: Drilling in the Arctic and race with
Russia and China
- Once cold and forbidding, climate change
has allowed multiple countries to see it as
a massive new and untapped region for
natural resources and critically important
geopolitical/military vantage point.
ey :
“Prudhoe Bay-
oil and gas field
Ny
- President Obama visited this week and BY not A oe
P Sea more than 100 trillion
both called for renewed climate strategy as é Sess hls .
well as ramping up Coast Guard capabilities |. Gil ol suse
Arctic Ocean
to operate in the Arctic.
Arealeased Tazovskoye
P oil and gas field
North Pole sd '
- Russian President Putin has placed great
emphasis on Russian military presence in
the Arctic. China is also trying to lay claim ogi y
to region as part of their never-ending os << ac0as wn potential
‘ A. s more than 100 trillion
search for oll. ICELAND a L-» Cubic feet of natural gas
} and up to 10 billion
Norwegian — barrels of oil.
Sea
Source: U.S. Geological Survey
Deutsche Bank Francis J. Kelly
Global Public Affairs [email protected] 25
HOUSE_OVERSIGHT_026819
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