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Detailed text transcripts for TV channel - MSNBC - 20150929:08:47:00

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 drill for oil, that you would find it and that that bet would pay off big for you for doing ....

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Detailed text transcripts for TV channel - MSNBC - 20150929:01:49:00

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 fake a shot at? there are some drilling in other parts of the arctic, the russian airkt, 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 likely that anyone s g ....

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Detailed text transcripts for TV channel - MSNBC - 20150929:08:49:00

By contrast the arctic does not have the u.s. arctic, anyway, doesn t have pipelines. it doesn t have production facilities. any oil company just doesn t have to find the crude they want to produce and sell, they need to find a way to get it to market so they have to build all the facilities. the amount of environmental analysis that would go into it is huge. it s quite costly. is a ripple effect that shell isn t going to do this. does this mean that no one is going to be drilling in the arctic or somebody else is going to take a shot at this? there is some drilling in the russian arctic, for instance, and there s been some interest in the canadian arctic. but for the u.s. arctic it doesn t look likely that anyone is going to be up there actively drilling far away from shore any time soon. there are a couple other companies that hold leases in the sea but they ve held back. they ve cited regulatory concerns, concerns about evolving nan dates, federal ....

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Detailed text transcripts for TV channel - MSNBC - 20150929:08:50:00

Mandates that would govern arctic drilling. it seems unlikely they would follow shell s pursuit out there. what is it you think? obviously this was always going to be a complicated process? but what pushed shell over the edge to at this point say, all right, this is it? shell has a new ceo. he came in. he was a little skeptical of this big spend on the arctic drilling campaign. he was willing, convinced to see it out for a few more years. always said if we don t get the results we want, being shell, we will walk away. for shell, not getting the results, that means not getting gas, that s not lucrative to sell right now or not enough crude. we re talking about a multibillion dollar cash of crude. we cannot sustain this when we re cutting oil drilling everywhere else around the world. all right. jennifer dlouhy from the houston ....

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CNN EarlyStart July 11, 2013 09:55:00

Outside. six women connected with green peace dodged security guards and tried to climb up the shard in london. they are protesting the arctic drilling plan. shell isn t in the building, but the shard does overlook shell s headquarters nearby. police, ambulances are on the scene watching, just in case. we showed you a great video of a helpful motorcyclist returning a coffee cup to a driver. he is now telling his story to our jeanne moos. reporter: he s used to seeing the mountains near utah. what caught his eye was the snow white from the dark suvs bumper. when i saw the cup, i thought she had a cup on the bumper. reporter: to the rescue, nate gave chase. then, as calmly as if he were picking up at a starbucks ....

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