Shell Presses for Drilling in Arctic

[Judi Lynn]

Source: New York Times

Shell Presses for Drilling in Arctic
By CLIFFORD KRAUSS
Published: November 5, 2010

HOUSTON — Eager to win approval for its stalled plan to drill for oil in the Alaskan Arctic, Royal Dutch Shell is beginning a public lobbying campaign, including national advertising, on Monday. As part of the effort, the giant oil company is promising to make unprecedented preparations to prevent the kind of disaster that polluted the Gulf of Mexico earlier this year.

Shell’s plan to drill in Alaska’s Beaufort and Chukchi seas has been snarled in regulatory delays and lawsuits for four years. The company has already invested $3.5 billion in the projects, and it was close to overcoming the final regulatory hurdles to begin drilling when BP’s Macondo well blew out April 20, killing 11 rig workers and spilling millions of barrels of oil into the gulf.

In response to the gulf accident, the Obama administration suspended most new offshore drilling, including in the environmentally sensitive waters of the Arctic.

But now that the moratorium on gulf drilling has been lifted, Shell is pressing the Interior Department to grant final approval for its Arctic projects by the end of this year so that the company has enough time to move the necessary equipment to drill next summer, when the waters offshore are free of ice.



Read more: http://www.nytimes.com/2010/11/06/business/energy-environment/06shell.html?ref=global-home

[awoke_in_2003]

1. "make unprecedented preparations"...

yeah, alrighty then :sarcasm:

[madrchsod]

2. there`s no oil up there....