http://news.yahoo.com/s/ap/20070915/ap_on_sc/northwest_passagePARIS - Arctic ice has shrunk to the lowest level on record, new satellite images show, raising the possibility that the Northwest Passage that eluded famous explorers will become an open shipping lane.
The European Space Agency said nearly 200 satellite photos this month taken together showed an ice-free passage along northern Canada, Alaska and Greenland, and ice retreating to its lowest level since such images were first taken in 1978.
The waters are exposing unexplored resources, and vessels could trim thousands of miles from Europe to Asia by bypassing the Panama Canal. The seasonal ebb and flow of ice levels has already opened up a slim summer window for ships.
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Russia, Norway, Denmark, Canada and the United States are among countries in a race to secure rights to the Arctic that heated up last month when Russia sent two small submarines to plant its national flag under the North Pole. A U.S. study has suggested as much as 25 percent of the world's undiscovered oil and gas could be hidden in the area.