(p. B1) Royal Dutch Shell . . . is spending billions of dollars to drill the first oil wells in U.S. Arctic waters in 20 years, backed by an Obama administration eager to show it wasn’t opposed to offshore exploration.
But the closely watched project isn’t going the way the company or the government hoped–illustrating the continuing challenge of plumbing for natural riches in one of the world’s most unforgiving locations.
Sea ice in the Chukchi and Beaufort seas off the northern Alaska coast was slow to break up this year, leaving the drilling areas inaccessible much later than anticipated.
For the full story, see:
TOM FOWLER. “Shell Races the Ice in Alaska; Delays Put $4.5 Billion Arctic Drilling Plan in Danger of Missing Window Before Next Freeze.” The Wall Street Journal (Mon., August 20, 2012): B1-B2.
(Note: ellipsis added.)
(Note: the online version of the article has the date August 19, 2012.)