The Americans got the moon, Russia got the Arctic!
In the wake of the race for a colony in space, the USA, got there first! Russiac could only watch. After that small step that marked a giant leap on human civilization, In an unprecedented dive beneath the ice, two three-person submersibles descended 2.5 miles (4 kilometers) to the bottom, where one symbolically dropped a titanium capsule containing a Russian flag.
Global Warming Drying Up Ancient Arctic Ponds (July 2, 2007)Arctic Summers Ice Free by 2040, Study Predicts (December 12, 2006)Photos: Exploring the Arctic Ice
Nobody knows for sure what resources lie beneath the Arctic Ocean, but oil and gas are among the greatest possible interests.
And with global warming causing the icepack to shrink, offshore drilling in the Arctic might prove to be the last great oil frontier (related:”As Arctic Ice Melts, Rush Is on for Shipping Lanes, More” [February 25, 2005]).
The Russian claim to the region, made Thursday, is based on international law that sets a 200-mile (322-kilometer) territorial limit stretching from the coast into open waters. This limit can be expanded if a country’s continental shelf extends further out to sea. Since 2001 Russian officials have been arguing that an undersea formation called the Lomonosov Ridge is part of Siberia’s shelf, and that the country is therefore entitled to sole rights to the ridge and the nearby seabed. (According to National Geographic)
Still, the Russians acknowledge that planting the flag was a purely symbolic act. they were simply there first! atleast according to the Kremlin!