Detailed text transcripts for TV channel - MSNBC - 20150929:

Detailed text transcripts for TV channel - MSNBC - 20150929:01:47:00

announcement from shell as to what they found after all those years, after all those billions of dollars spent. and the answer is, well, not much. shell executives today say they drilled down 6800 feet, about 80 miles offshore in the chukchi sea of alaska, excuse me, and turned up basically nothing. so shell announced today that the company is giving up the expedition altogether. "shell has found indications of oil and gas, but she's are not sufficient to warrant further exploration. the well will be sealed and abandoned in accordance with u.s. regulations." one shell executive calling it "a clearly disappointing exploration outcome." which is kind of amazing when you think about it. shell has been absolutely determined to drill for oil in the alaskan arctic. no matter the political cost or the cost of getting started or the cost of months and years, all that it's spent on the bet that you could drill for oil safely in the harshest and most remote places, that you could

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