Global interests—including those of the United States—are at stake in this changing region.
Commercial opportunities are expanding exponentially in the polar regions as the ice pack retreats, and the need for commensurate U.S. government engagement is also increasing. Shipping companies are eager to capitalize on the savings of time and fuel made available by an ice-free Northwest Passage and Northern Sea Route linking Europe and Asia. Oil and gas companies have already identified massive reservoirs suitable for development should the waters become reliably passable. A number of Arctic countries are already harvesting finfish and shellfish from polar waters, and other non-Arctic nations are demonstrating their intent by building ice-strengthened and ice-breaking-capable ships to facilitate their ventures. Ecotourism is burgeoning as luxury ships provide comfortable access to exotic and pristine wildlife venues.