The Kremlin is beefing up its already superior Arctic fleet.

Oil, gas, and shipping lanes are all vital strategic interests ready to be claimed in a less icy Arctic, but the U.S. seems to be unprepared for the contest.

Moscow submitted a new claim to some 463,000 square miles of the Arctic this week.

A new report finds that the United States is woefully underprepared for oil and gas drilling in the Arctic. We’re playing catch-up in a region with both commercial and strategic interests.

Canada last week expanded its claims in the Arctic, enticed by the region’s oil and gas riches. Russia isn’t taking that laying down—Putin ordered his military to beef up bases in the region, and sharpen its focus on Arctic goings-on.