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GasBuddy News Article

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Shell gears up to tap into Arctic crude again

Fuel Fix -- A new chapter in U.S. oil exploration could open within days as Shell sails into seas north of Alaska, hoping to tap into a potential 90 billion barrels of crude that have beckoned for decades.

The company has been there before, drilling exploratory wells in the 1980s and 1990s that tantalized with promise of riches deep below the freezing Chukchi and Beaufort seas.

But a decade-long slump in oil prices depressed the value of the bounty. Crude from the Exxon Valdez tanker blackened Alaska’s coast, drawing worldwide scrutiny to the potential for oil-related environmental disaster – a prospect reinforced two decades later when a blown-out well in the Gulf of Mexico claimed lives and livelihoods there.

Now, Shell is close to getting back into the Arctic waters, after working seven y


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Submitted Jun 25, 2012 By: RENEGADEGAS
Category: Daily News Article Discussions > Topics Add to favorite topics  
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REPLIES (newest first)
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rahcat
Champion Author Grand Rapids

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Message Posted: Jun 25, 2012 10:16:01 PM

Hope for the best.......but prepare for the worst.
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kgbellman
Champion Author Ann Arbor

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Message Posted: Jun 25, 2012 10:15:52 PM

They need to be safe - not just because of oil issues that are fresh in our memories, but also because of the wildlife and fishing industries that could be affected.
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96sc1
Champion Author El Paso

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Message Posted: Jun 25, 2012 10:05:23 PM

But prices are down now too.
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METEOR49
Champion Author Ontario

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Message Posted: Jun 25, 2012 10:04:21 PM

let's hope it goes well.
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TedNC
Champion Author North Carolina

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Message Posted: Jun 25, 2012 10:01:05 PM

Oh Great! Trash our last frontier with oil.
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jem069
Champion Author Detroit

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Message Posted: Jun 25, 2012 10:00:39 PM

ok
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must87searcher
Champion Author Maryland

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Message Posted: Jun 25, 2012 10:00:01 PM

Now is a good time to explore Alaska.
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jjfisher
All-Star Author Toledo

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Message Posted: Jun 25, 2012 9:59:16 PM

Who will have their backs??
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PoohMcGoo
Champion Author Alabama

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Message Posted: Jun 25, 2012 9:59:06 PM

Go get it
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smenzel
Champion Author Seattle

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Message Posted: Jun 25, 2012 9:58:02 PM

Interesting
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DEG
Champion Author Las Vegas

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Message Posted: Jun 25, 2012 9:56:43 PM

The US needs to develop more of its own resources.
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camel1
Champion Author Minnesota

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Message Posted: Jun 25, 2012 9:53:51 PM

ok
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rickone
All-Star Author Detroit

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Message Posted: Jun 25, 2012 9:51:31 PM

Interesting - Thanks for posting.
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OGW
Champion Author London

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Message Posted: Jun 25, 2012 9:49:54 PM

Alaska better be ready as their shores will once more be covered with that black ooze.
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colaguy
Champion Author Columbia

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Message Posted: Jun 25, 2012 9:47:30 PM

ok
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DeeLA
Champion Author Los Angeles

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Message Posted: Jun 25, 2012 9:46:11 PM

Progress was never made without risks.
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marinasgrandpa
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Message Posted: Jun 25, 2012 9:44:36 PM

it's all about money
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pgerassi
Champion Author Milwaukee

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Message Posted: Jun 25, 2012 9:43:20 PM

ok
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Bonito
Champion Author Dayton

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Message Posted: Jun 25, 2012 9:42:16 PM

There goes another ocean to polution! We had better find another planet to destroy in a hurry so we have somewhere to go!
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mitchells
Champion Author Montreal

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Message Posted: Jun 25, 2012 9:39:38 PM

ok
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mgune9
All-Star Author Dallas

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Message Posted: Jun 25, 2012 9:38:05 PM

get it done
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Prodaddy
Champion Author Houston

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Message Posted: Jun 25, 2012 9:32:36 PM

$ 1.25 a gallon
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chicoCA
Champion Author California

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Message Posted: Jun 25, 2012 9:31:45 PM

okay
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OOXXFF
Champion Author Greensboro

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Message Posted: Jun 25, 2012 9:29:41 PM

Be careful, Shell. Safety is very important.
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iceman11
Champion Author Ontario

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Message Posted: Jun 25, 2012 9:27:42 PM

Interesting
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libertyut
Champion Author Utah

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Message Posted: Jun 25, 2012 9:27:22 PM

$2.00 or less per gallon.
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A2J
Champion Author Richmond

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Message Posted: Jun 25, 2012 9:20:51 PM

Shell vs. Exxon vs. BP ?
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SpruceGuse2
Champion Author Michigan

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Message Posted: Jun 25, 2012 9:20:40 PM

Tap it while they can....................
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kgbellman
Champion Author Ann Arbor

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Message Posted: Jun 25, 2012 9:20:26 PM

They need to be safe - not just because of oil issues that are fresh in our memories, but also because of the wildlife and fishing industries that could be affected.
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bif65
Champion Author Virginia

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Message Posted: Jun 25, 2012 9:18:13 PM

ok
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aggietim
Champion Author Fort Worth

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Message Posted: Jun 25, 2012 9:17:13 PM

be careful
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walkingtall
Champion Author Toronto

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Message Posted: Jun 25, 2012 9:16:41 PM

Risky business,might jepordize the enviroment.
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rasbuton90
Rookie Author Boston

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Message Posted: Jun 25, 2012 9:14:43 PM

All the oil companies think of is $$$ and this dog & pony show about training for an oil spill is a fraud. They could care less about oil spills and the destruction of the enviorment. How many people think of the exxon oil spill 20 years and yet buy their gas?
Shell would take a hit for bad publicity if a spill occurred but they know over time people would forget and buy their product.

Leave the Artic area alone for another 30 years until safeguards are in place and nearly impossible to allow leaks.
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abcdMA
Champion Author Worcester

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Message Posted: Jun 25, 2012 9:12:56 PM

more supply is good, but do it right
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misterray
Champion Author Oregon

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Message Posted: Jun 25, 2012 9:11:53 PM

Too risky for the environment.
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stueyAZ
Sophomore Author Phoenix

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Message Posted: Jun 25, 2012 9:09:49 PM

Good Luck... and keep it coming!!
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Barfood
Champion Author St. Louis

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Message Posted: Jun 25, 2012 9:08:55 PM

Just hope they don't 'blow' it!
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flyfast
Champion Author Kansas City

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Message Posted: Jun 25, 2012 9:08:12 PM

good we need the oil
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5kvdave
All-Star Author Los Angeles

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Message Posted: Jun 25, 2012 9:07:39 PM

We'll see????
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serrog
Champion Author Nova Scotia

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Message Posted: Jun 25, 2012 9:07:30 PM

Oh! Oh!
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mcmonsta
Champion Author Honolulu

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Message Posted: Jun 25, 2012 9:06:59 PM

just keep it safe!!!
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petrpuck
All-Star Author Hamilton

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Message Posted: Jun 25, 2012 9:06:03 PM

not again
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WIWalt
Champion Author Wisconsin

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Message Posted: Jun 25, 2012 9:02:39 PM

So many of you want to drill drill drill. How about if this was in your back yard! would you still want it, with the possibility of leakage!Proceed with extreme caution.
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Tekkersmom57
Champion Author Syracuse

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Message Posted: Jun 25, 2012 9:01:11 PM

Keep practising until you get it right
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blueeye
All-Star Author Pennsylvania

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Message Posted: Jun 25, 2012 8:59:13 PM

good news
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sammy518
Champion Author Austin

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Message Posted: Jun 25, 2012 8:58:50 PM

ok
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weenerdog
Champion Author Detroit

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Message Posted: Jun 25, 2012 8:56:55 PM

of course
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Alfied
Champion Author Riverside

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Message Posted: Jun 25, 2012 8:56:35 PM

Good news.
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WIPACKERFAN
Champion Author Chicago

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Message Posted: Jun 25, 2012 8:55:04 PM

This is really good news. Go for it.
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humblepie
Champion Author Toledo

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Message Posted: Jun 25, 2012 8:54:12 PM

pump baby pump
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