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Detailed text transcripts for TV channel - MSNBC - 20170410:11:13:00

Hell isn t the steve bannon wing of the party, even though he tells everyone it is. it starts and ends with donald trump. agreed. problem is that his political philosophy, such as it is, doesn t match up with congress. the problem in making the sell is if you take democrats and republicans it s not clear what his governing coalition s one thing that will result from t s this, they may not get certain wins. foreign policy is a place he doesn t need congress so much. forget steve bannon. he hasn t figured out the governing philosophy and mechanism for this administration. pretty simple. 175 republicans and 40 to 45 democrats. no issue on which they re currently positioned to do that. infrastructure, we could do that even there, they re not. democrats think about infrastructure as spending. republicans think about it as tax credits. they re totally different things under the same label. ....

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Detailed text transcripts for TV channel - MSNBC - 20150929:08:45:00

All right. it was the last week of july in portland, oregon. high over the famous willamette river. environmental protesters were hanging out under the st. john s bridge. they had rappelled over the side of that bridge. they were hanging there like trapeze artists. and they were doing that so they could try to stop a giant icebreaker run by shell oil from leaving port and heading to the alaskan arctic to drill for oil. this wasn t the first time they d put themselves between a shell vessel and its destination. back in april as shell moved a drilling rig across the pacific heading for its arctic drilling patch, back then greenpeace activists climbed aboard that rig in the middle of the pacific ocean to try to get shell to drop their plans. then in may swarms of kayakers in seattle protested a shell rig coming into port before it was supposed to go to alaska. in june, a month after that, they tried to block it from leaving for alaska. and in july it was that protest under the bridge that ....

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Detailed text transcripts for TV channel - MSNBC - 20150929:04:49:00

More often? so the gulf of mexico has been under exploration and under oil development for decades, since the 1950s. and by contrast, you know, the arctic does not have the u.s. arctic anyway doesn t have pipelines. it doesn t have production facilities. so any oil company doesn t just have to find the crude that they want to produce and sell. they need to find a way to get it to market. so they have to build all of those facilities. and that s an extraordinary undertaking. the amount of environmental analysis that would go into it is huge. it s quite costly. so is there a ripple effect to this? shell isn t going to do this. does this mean that no one is going to be drilling in the arctic or is somebody else going to take a shot at this? there are some drilling in other parts of the arctic, the russian arctic, for instance, and there s been some interest in the canadian arctic although that has diminished lately among low oil prices. but for the u.s. arctic it doesn t look like ....

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Detailed text transcripts for TV channel - MSNBC - 20150929:08:46:00

Shell had to get an emergency court order to have those activists physically removed from the bridge so that the company could get the rig on its way. shell oil has been working for seven years now to drill for oil in what is basically uncharted territory off the northern coast of alaska. for the company the project has basically been a nonstop, $7 billion, seven-year headache. three years ago one of shell s drilling rigs lost its moorings and nearly ran aground in alaska s aleutian islands and also briefly caught fire after some sort of explosion. the other drilling rig shell brought with them that year broke free from its tow line and crashed into an island. in may the obama administration approved permits for shell to drill off the coast of alaska. that seemed to finally clear the way. and then this summer shell did start to drill. and today we got the first big announcement from shell as to what they found after all those years, after all those billions ....

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Detailed text transcripts for TV channel - MSNBC - 20150929:08:48:00

All of that. but today shell essentially said that for all they ve poured into this project they re better off just taking a loss. this is a huge turnaround for a corporate giant on one of the most environmentally sensitive issues in the country. and joining us now is jennifer dlouhy, energy reporter for the houston chronicle. jennifer has been covering had. thanks for being here tonight. first of all, from your reporting, is this as big a deal, as big a turnaround for shell as it would seem, to spend all this money and then sort of throw up their arms and say all right, we re leaving? it s a tremendously big deal. it s not that often that an oil company invests $7 billion in a project and that one well determines its outcome and then they walk away. this doesn t happen that often. and how much more expensive is it to extract oil in arctic waters versus, say, the gulf of mexico which we hear about much more often? so the gulf of mexico has been under exploration and under oil d ....

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