Pacific ocean
Pacific ocean: Travel tips, articles, photos, gallery, cities database, population, pics, flags, statistics, free maps online
Introduction - Pacific Ocean: | Location - Pacific Ocean: | People - Pacific Ocean: | Government - Pacific Ocean: | Economy - Pacific Ocean: | Economy overview | The Pacific Ocean is a major contributor to the world economy and particularly to those nations its waters directly touch. It provides low-cost sea transportation between East and West, extensive fishing grounds, offshore oil and gas fields, minerals, and sand and gravel for the construction industry. In 1996, over 60% of the worlds fish catch came from the Pacific Ocean. Exploitation of offshore oil and gas reserves is playing an ever-increasing role in the energy supplies of the US, Australia, NZ, China, and Peru. The high cost of recovering offshore oil and gas, combined with the wide swings in world prices for oil since 1985, has led to fluctuations in new drillings. | |
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This page was last updated on 16 September, 2007 Source: CIA >>> |