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After seven years and $7 billion and a couple of spectacular rig disasters and several flotillas of protesting kayaks and people rappelling off a bridge and the rest of it, shell did finally get up to the arctic, and they drilled in the arctic. and what they found was bubkes. a couple of weeks ago shell announced that the company, having found bubkes, was going to give up. after all this time and all that money they were giving up their arctic drilling effort. what they found up there was not worth it. quote, "this is a clearly disappointing exploration outcome." "shell will now cease further ...

He became the first sitting president to travel above the arctic circle. he went there specifically to highlight the effects of climate change and to talk about his administration's efforts to combat it. but he did that right after approving drilling the arctic for oil. here's the thing. after seven years and $7 billion and a couple of spectacular rig disasters and several flotillas of protesting kayaks and people rappelling off a bridge and the rest of it, shell did finally get up to the arctic, and they drilled in the arctic. and what they found was bubkes. a couple of weeks ago shell announ...

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 c...

And today we got the first big 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, an but these are not sufficient to warrant further exploration. the well will be sealed and abandoned in accordance with u.s. regulations." o...

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. s...