Shell: No Beaufort Sea drilling in Arctic for 2011

Shell cancels 2011 exploration plans in Beaufort Sea, looks to drill exploratory wells in 2012

ANCHORAGE, Alaska (AP) — Shell Alaska has dropped plans to drill in the Arctic waters of the Beaufort Sea this year and will concentrate on obtaining permits for the 2012 season, company Vice President Pete Slaiby said Thursday.

The recent remand of air permits issued by the Environmental Protection Agency was the final driver behind the decision, Slaiby said at a news conference.

Alaska receives upward of 90 percent of its general fund revenue from the petroleum industry, and top state officials reacted strongly to the decision. U.S. Sen. Mark Begich, D-Alaska, blamed the Obama administration and the EPA.

“Their foot dragging means the loss of another exploration season in Alaska, the loss of nearly 800 direct jobs and many more indirect jobs,” Begich said. “That doesn’t count the millions of dollars in contracting that won’t happen either at a time when our economy needs the investment.”

The EPA issued Shell an air permit, but the agency’s review board granted an appeal because of limited agency analysis regarding the effect of emissions from drilling ships and support vessels.

Slaiby said the issue is not with the environment but with the process not being satisfied. He said Shell has no air issues with Alaska villages.

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I wear many hats but history, economics and political observance have always been a passion. I am a graduate of the University of Cincinnati College of Business with a degree in Information Systems and Digital Business with a minor in European History. I work for a small mom-and-pop IT consulting and software design company. We deal in servicing mostly government funded non-profit mental and behavioral health care agencies in the state of Ohio. In this I deal with Medicaid and Medicare funds and have a little insight on the boondoggles of government there. Thankfully the undemanding nature of my daily profession gives me ample time to read and stay aware of our current state of affairs which I find stranger than fiction in many instances. In addition to being in the IT field, I have also been self employed with a small contracting company so I might know a thing or two about the plight of small business that employs 71% of the American workforce. I however don't draw my knowledge from my day jobs, which I have had a few; I draw it from an intense obsession with facts and observation about the world in which I live. I do have formal education in things such as history, economics and finance particularly as it pertains to global issues, but I have come to find much of what I thought I knew from the formalities of a state university I had to unlearn through much time and independent research. I hope you enjoy what I bring you which is not often heard in the mainstream news outlets. I would like to think my own personal editorializing is not only edifying but thought provoking while not at all obnoxious. That last one may be a hard to achieve.

1 Comment

  1. sherry mann

    February 5, 2011 at 1:31 pm

    Does that guy look like the inspector in V for Vendetta, or is it just me.

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