Look Out, Santa: Russia Claims North Pole

Rich oil and gas reserves lie beneath ownership dispute

By Jason Farago, Newser Staff

Posted Aug 1, 2007 12:09 PM CDT

(Newser) – Russian ships will arrive at the North Pole today as part of Moscow's effort to claim a 1,240-mile area of the Arctic—and with it, more than $2 trillion in oil and gas reserves. The Telegraph reports that the fleet will deposit a Russian... Read full story »

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Look Out, Santa: Russia Claims North Pole

Rich oil and gas reserves lie beneath ownership dispute

climate change • Russia • oil • Canada • Vladimir Putin • North Pole • Arctic • Denmark • sovereignty • Arctic oil

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