Monday, May 11, 2015

President Obama Approves Arctic Drilling -- Actually He Approves Shallow Sea Drilling -- May 11, 2015

There are so many ifs, ands, and buts, and conditions for any drilling to commence but it is what it is. CNBC is reporting:
The Obama administration gave conditional approval on Monday to allow Shell Gulf of Mexico, Inc. to start drilling for oil and gas in the Arctic Ocean this summer.
The approval is a major victory for Shell and the rest of the petroleum industry, which has sought for years to drill in the remote waters of the Beaufort and Chukchi seas, which are believed to hold vast reserves of oil and gas.
Activists trained on kayaks last week in Puget Sound in advance of a floating protest of Royal Dutch Shell in the Port of Seattle.
The Port of Seattle has agreed to a lease with Royal Dutch Shell that would allow the petrochemical giant to bring its Arctic Ocean drilling rigs to the city's waterfront.
This is how CNBC is reporting it. In fact, much of the story was not reported.
The Interior Department decision is a devastating blow to environmentalists, who have pressed the Obama administration to reject proposals for offshore Arctic drilling. Environmentalists say that a drilling accident in the icy and treacherous Arctic waters could have far more devastating consequences than the deadly Gulf of Mexico oil spill of 2010, when an oil rig explosion killed 11 men and sent millions of barrels of oil spewing into the water.The move came just four months after the Obama administration opened up a portion of the Atlantic coast to new offshore drilling, adding a new chapter to the president's environmental legacy. 
Environmentalists opposed to this are attaching boat trailers to their SUVs as we speak, to put kayaks on the boat trailers, and will join others to oppose this most recent action. 

No comments:

Post a Comment