Oil Exploration Ramps Up In US Arctic
ananyo writes "A new round of exploratory oil drilling is due to begin in the Arctic this July. The oil giant Shell was granted permission some months ago by the U.S. government to drill two exploratory wells in the Beaufort Sea and three in the Chukchi Sea, both north of Alaska, this year — between 15 July and late September. The project is finally coming to fruition after years spent fighting legal challenges. It will be the first oil-exploration program to run in U.S. Arctic waters since 2000, and could mark the start of the first offshore commercial drilling in the American north, although it would take another decade to establish production wells."
They realize quite perfectly if they have a major spill or blowout then the game is over.
You mean like BP's game is over?
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Any conversation about a sufficiently complex subject is indistinguishable from babble.
You both have it wrong. Here's how US public opinion on the matter actually works:
Average gasoline prices under $3.75/gal? "Bad oil company! No drill! NO DRILL! bad! bad! bad!"
Average gasoline prices over $4.50/gal? "I don't care if you have to line the well with baby seal fur and lubricate the rig with infant dolphin blood! Drill, damn you! DRILL!"
Quo usque tandem abutere, Nimbus, patientia nostra?
Oil Guy: Do you find it ironic that we denounce global warming, but use higher temps and lower ice mass to get more oil for more Carbon emissions?
Tobacco Guy: no, not at all.