| Abstract: | This article outlines the problems related to the exploitation and allocation of undersea resources. The nature and accessibility of undersea petroleum supplies and metalliferous nodules are described in terms of the existing and prospective future economic constraints. Since the majority of such resources lie outside national jurisdictions, their ownership has recently become a major source of international conflict. The character of that conflict is explained, and the prospective solutions under international law are identified. Unilateral action on the part of countries possessing the requisite technologies to exploit these resources is viewed as the most probable near-term outlook, even though it may not satisfy very many aspects of international equity. |
