The new frontier: Drilling in the Arctic and race with Russia and China - Once cold and forbidding, climate change — | OE FSP we, has allowed multiple countries to see it as - = ag = 2 a massive new and untapped region for A a I fs) eae ig. i a ‘ natural resources and critically important Lo E a geopolitical/military vantage point. — ik ALASKA ‘iar eee NR : : P ae : Roy. - President Obama visited this week and CANADA.” ee Ltt otal , : “ Sea more than 100 trillion a both called for renewed climate strategy as | Ses hls, ‘. well as ramping up Coast Guard capabilities es ere I : Arctic Ocean ‘ to operate in the Arctic. | a Gena to BP oil and gas Lo - Russian President Putin has placed great ee emphasis on Russian military presence in . “wi the Arctic. China is also trying to lay claim ia é to region as part of their never-ending w << aceas wn potential search for oil. ee D peeet a eneaass } and up to 10 billion Source: U.S. Geological Survey paid one ( pe a Deutsche Bank Francis J. Kelly Global Public Affairs [email protected] 25 HOUSE_OVERSIGHT_026819