With 160 countries having signed on, the Obama administration is making a new push for U.S. Senate approval. Refusal puts the U.S. at risk of getting frozen out of its share of the spoils.Arguing for its ratification at a recent Senate hearing, Clinton said the treaty would offer the U.S. oil and gas rights some 600 miles into the Arctic. She said American companies were "equipped and ready to engage in deep seabed mining," but needed to join the treaty to take exploit oil, gas and mineral reserves.
Clinton Talks Cooperation In Resource-rich Arctic
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