Administration Gives Conditional Approval for Shell to Drill in Arctic

The New York Times ^ | 11 May 2015 | Coral Davenport

[JohnBrowdie]

someone just paid for the north wing of the BHO presidential library.

[Tolerance Sucks Rocks]

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.

This is Shell, you greenie weenies, not Bullsh*t Petroleum!

[Theoria]

I also expect the ‘XL’ to be approved.

[Sacajaweau]

Probably the Indian vote....and a finger to Canada.

[thackney]

Shell - Chukchi Sea Exploration Plan
http://www.boem.gov/shell-chukchi/

[Sacajaweau]

Well...if Hillary says she intends to approve it....Obama will approve it.

[thackney]

Shell projects in arctic conditions
http://www.shell.com/global/future-energy/arctic/shell-in-the-arctic.html

[rktman]

Lucy, football, Charlie Brown?

[ColdOne]

hehehe! You may be correct!

[clearcarbon]

Why is this OK but ANWR is not?

[Robert A Cook PE]

Surprised at this.

[ColdOne]

'conditional'......What does that mean?.......... But the administration contends that as long as Shell passes a final set of permit reviews, it can proceed to drill this summer. .............must pass final set of permit reviews. So not a done deal?

[dangus]

The Dutch company. Still no Americans allowed there?

[Tolerance Sucks Rocks]

Shell must provide goods and services for gay weddings and abortions in order to get the final permits.

[dangus]

Drilling in the Arctic is fine, as long as its the Dutch and Arabs doing it.

“Royal Dutch Shell, a multinational “oil major” is a 50/50 partner with the Saudi Arabian government-owned oil company Saudi Aramco in Motiva Enterprises, a refining and marketing joint venture which owns and operates three oil refineries on the Gulf Coast of the United States.”

[Theoria]

Why does it matter if it is a ‘american’ company or any other?

[thackney]

This exploration is from the 2008 lease sale. ConocoPhillips was also a sucessful bidder on many of the leases, along with other companies.

http://www.boem.gov/uploadedFiles/BOEM/About_BOEM/BOEM_Regions/Alaska_Region/Leasing_and_Plans/Leasing/Lease_Sales/Sale_193/RecapSale_193.pdf

It is pretty normal on the Alaskan North Slope for fields to be owned by several companies but one company is selected to be the operator for the field.

[DanielRedfoot]

Aren’t they based out of Houston, I would hope it means jobs here.

[thackney]

Absolutely. I suspect 90% or more of the associated jobs will be American, not to mention the multitude of American Stock holders.