Baffin Bay Geological Survey has estimated that at least 13% of the world's undiscovered oil deposits and 30% of the world's undiscovered gas pockets are located in the Arctic, with the seas around Greenland potentially holding large amounts of natural gas and lesser amounts of crude oil and natural-gas liquids. Accordingly, the Greenland authorities have offered a large number of off-shore concessions for potential hydrocarbon (oil and gas) extraction. The largest concession-areas are located in seas west of Greenland; primarily in Baffin Bay and the Davis Strait, but with several smaller concessions in the Greenland Sea in the east also. Baffin Bay
East and West Coast Railway East and West Coast Railway The East and West Coast Railway was a railroad line running from Bradenton on the west coast of Florida southeast to Arcadia in the Peace River valley. Despite its name, the line never went all the way to the east coast of Florida. The line was often used to transport mail, lumber, grain and other commodities. Opened on May 3, 1915, the nearly fifty mile line began at the Seaboard Air Line Railroad's line through Bradenton just south of the Manatee River, and ran southeast closely following the current route of State Road 70 via