The New VERY COLD Cold War...
North American Integration and the Militarization of the Arctic
The Battle for the Arctic is part of a global military agenda of conquest and territorial control. It has been described as a New Cold War between Russia and America.
Washingtons objective is to secure territorial control, on behalf of the Anglo-American oil giants, over extensive Arctic oil and natural gas reserves. The Arctic region could hold up to 25% of the Worlds oil and gas reserves, according to some estimates. (Moscow Times, 3 August 2007). These estimates are corroborated by the U.S. Geological Survey (USGS): The real possibility exists that you could have another world class petroleum province like the North Sea. (quoted by CNNMoney.com, 25 October 2006)
....
Russia
Russia, going back to the Soviet era, had established scientific-military stations on the island of Northern Zemlya as well as in the Francois Joseph archipelago (Franz Josef Land), which is also under Russian jurisdiction. (See map.) Northern Zemlya was used during the Soviet era for underground nuclear testing.
Russia is now claiming sovereignty (under the International Convention on the Law of the Sea, UNCLOS) over a vast 1,191,000 sq km territory which is part of the Arctic shelf.
....
Canadas Arctic Military Facilities
Ottawas July 2007 decision to establish a military facility in Resolute Bay in the Northwest Passage was not intended to reassert Canadian sovereignty. In fact quite the opposite. It was established in consultation with Washington. A deep-water port at Nanisivik, on the northern tip of Baffin Island is also envsaged.
The US administration is firmly behind the Canadian governments decision. The latter does not reassert Canadian sovereignty. Quite the opposite. It is a means to eventually establish US territorial control over Canadas entire Arctic region including its waterways.
....
http://www.globalresearch.ca/north-american-integration-and-the-militarization-of-the-arctic/6586
Yeah, I know, GlobalResearch.ca and all, but it seems a decent intro to the issue.
As one blogger over at Neven's Sea Ice Blog said last year: The major governments of the world see what is happening in the Arctic, and, alas, they're licking their chops.