Monday, April 25, 2011

Shell Oil to Abandon Drilling in Arctic

Due to the recent ruling by the EPA, Shell Oil has opted to abandon their plans to drill in the Arctic shores off Alaska.  With oil prices skyrocketing and the US economy at a tipping point, does this seem insane to anyone but me?  The EPA board is totally comprised of Democrats and environmental zealots who have determined that Shell’s drilling in the Arctic will be too impactful to the air quality!  Excuse me?  What kind of science are they using?  The Alaskan economy is dependent on ‘2’ things, the oil industry and the fishing industry, both of which are being pulverized by zealots who want to micromanage everything to the point of extinction the ability of people to earn a living in Alaska.

Read this article and if you believe as I do, please contact your representatives and let them know what you think of this move by the EPA.

U.S.

Energy in America: EPA Rules Force Shell to Abandon Oil Drilling Plans

By Dan Springer / Published April 25, 2011 / | FoxNews.com

Shell Oil Company has announced it must scrap efforts to drill for oil this summer in the Arctic Ocean off the northern coast of Alaska. The decision comes following a ruling by the EPA’s Environmental Appeals Board to withhold critical air permits. The move has angered some in Congress and triggered a flurry of legislation aimed at stripping the EPA of its oil drilling oversight.

Shell has spent five years and nearly $4 billion dollars on plans to explore for oil in the Beaufort and Chukchi Seas. The leases alone cost $2.2 billion. Shell Vice President Pete Slaiby says obtaining similar air permits for a drilling operation in the Gulf of Mexico would take about 45 days. He’s especially frustrated over the appeal board’s suggestion that the Arctic drill would somehow be hazardous for the people who live in the area. “We think the issues were really not major,” Slaiby said, “and clearly not impactful for the communities we work in.”

The closest village to where Shell proposed to drill is Kaktovik, Alaska. It is one of the most remote places in the United States. According to the latest census, the population is 245 and nearly all of the residents are Alaska natives. The village, which is 1 square mile, sits right along the shores of the Beaufort Sea, 70 miles away from the proposed off-shore drill site.

The EPA’s appeals board ruled that Shell had not taken into consideration emissions from an ice-breaking vessel when calculating overall greenhouse gas emissions from the project. Environmental groups were thrilled by the ruling.  Read the full story…

 

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