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    The Telegraph: America and Russia Locked in Race to Control the Arctic Circle

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Summary

The United States, Russia, and China are all in a race to control the Arctic Circle and its massive oil and gas reserves

by: Erica Mills

Posted in:

Press Notes

The Telegraph: America and Russia Locked in Race to Control the Arctic Circle

Barack Obama was set to become the first sitting American president to visit the Arctic Circle on Wednesday night, as the United States battles to assert itself in a global race to control the region's natural resources.

Melting permafrost caused by rising global temperatures has made the once impenetrable Arctic Circle increasingly accessible, sparking intense competition between Russia, the United States and China to assert control over an area that it is thought may hold as much as 40 per cent of the world’s oil and gas resources.

Read the full article HERE.