[thackney]

According to Shell:

This decision reflects both the Burger J well result, the high costs associated with the project, and the challenging and unpredictable federal regulatory environment in offshore Alaska.

http://www.shell.com/global/aboutshell/media/news-and-media-releases/2015/shell-updates-on-alaska-exploration.html

[Olog-hai]

AP will never go against the government in terms of reporting that, of course.