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arctic drilling

Shell, Arctic Drilling, and the Obama Administration: Keep On Keepin' On

October 29, 2015 by NRDC Switchboard

Arctic Drilling and Environmental Risk

It just keeps getting better and better for the Arctic and the environment. First, Shell Oil pulled the plug on its horrific current drilling effort there two weeks ago. Now the Obama administration has taken its first concrete steps to reduce future threats.[read more]

Sorry Environmentalists, Shell's Arctic Decision is All About the Money

September 30, 2015 by Cutler Cleveland

Shell and Arctic Drilling

Environmentalists can hardly contain themselves with news that Royal Dutch Shell abandoned oil exploration in the Alaskan Arctic for “the foreseeable future.” To be sure, the oil companies are under tremendous pressure to keep carbon “in the ground.” But that is not what triggered Shell’s decision.[read more]

Arctic Oil Drilling: Deluding Communities About the Benefits of Resource Extraction

September 15, 2015 by Steven Cohen

Alaska's oil bounty has long kept state taxes low and has created employment for people working in and around the local energy industry. The problem with an overreliance on resource extraction for wealth is that it leads to a boom and bust cycle caused by fluctuating prices.[read more]

Oil Exploration in the U.S. Arctic Continues Despite Current rice Environment

June 16, 2015 by U.S. EIA: Today in Energy

Arctic Drilling and Oil Prices

Recent conditional approval granted to Royal Dutch Shell to begin exploratory drilling in the Burger Prospect in the Chukchi Sea may help to offset future declines in crude oil production from other state and federally managed resources in the region.[read more]

President Obama Regrettably Approves Oil Drilling in the Arctic Ocean

May 18, 2015 by Henry Auer

President Obama granted conditional approval to Shell to begin drilling in the Arctic Ocean off of Alaska. In addition to generating grave misgivings about possible environmental damage from drilling accidents, this decision represents a major compromise with the President’s own policies on global warming.[read more]

Keystone XL Traded For Arctic Drilling Rights?

April 6, 2015 by Deborah Lawrence

Few debates in energy have been more contentious than Keystone XL. Green groups opposed the pipeline and turned out a movement that astonished even battle weary Enviros. It also caused serious problems for the industry as their assets became stranded and they were forced to ship crude by rail and barge.[read more]

Divestment and Arctic Development, Between Drilling and the Deep Blue Sea

May 5, 2014 by Sieren Ernst

“Unlike most of the planet, the Arctic still contains uncharted mysteries,” a recent Bloomberg article quoted Scott Minerd of Guggenheim Partners LLC as saying. The statement is no doubt true. The Arctic is among the last pristine wildernesses on the planet.[read more]

Energy and Governance in the Arctic Just Got More Challenging

April 2, 2014 by Roman Kilisek

Arctic Energy Governance

The Arctic – a cohesive region located north of the Arctic Circle – currently falls under the separate jurisdiction of eight countries with a population of about 4.2 million people. The region has an annual economy of an estimated US$230 billion.[read more]

Victory for the Arctic Ocean: No Drilling Next Summer or Maybe Ever

February 5, 2014 by Frances Beinecke

Drilling in the Arctic

Yesterday Shell Oil announced it will not be drilling for oil off the coast of Alaska this summer. This follows on the heels of a federal court ruling that the Bush administration underestimated the potential for oil spills and other hazards when it decided to issue oil leases off Alaska’s remote north coast.[read more]