A resource frontier Flashcards
The Arctic
Some areas of the Arctic contain rich resources of oil, natural gas and minerals (e.g. iron ore, gold).
Many of these resources haven’t been exploited, for several reasons:
They are hard to access e.g. more than 80% of the Arctic’s gas and oil reserves are offshore.
There is little infrastructure (e.g. roads, pipelines) in the Arctic, which makes extraction and transportation of resources difficult.
The environment is challenging-sea ice can make transport difficult, while extreme cold and winter storms can put equipment and workers at risk.
Some parts of the Arctic are being exploited
e.g. large oil reserves were discovered at Prudhoe Bay in northern Alaska in 1968. In the 1970s, the Trans-Alaska pipeline was constructed to carry oil to southern Alaska, from where it could be transported to customers.