Davis Strait 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. This has led Greenland's minister and provincial council to offer a large number of off-shore concessions to potential hydrocarbon (oil and gas) extraction. The largest concessions areas are located in seas west of Greenland, primarily the Davis Strait and Baffin Bay, but with several smaller concessions in the Greenland Sea in the east also.
East and West Coast Railway Myakka City to Arcadia. In Arcadia, the line crossed the Charlotte Harbor and Northern Railway and the Atlantic Coast Line Railroad's line from Lakeland to Fort Myers before terminating in the southeast portion of Arcadia. In 1925, the Seaboard Air Line Railroad leased the entire line, who had provided locomotives and rolling stock for the line since its construction. A year later, Seaboard also purchased the Charlotte Harbor and Northern Railway. As a result, Seaboard used the East and West Coast Railway less frequently to the point where the line was completely removed in 1934. The East and West Coast