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>> that was bill waoert reporting and i want to bring in someone who feels so strongly about this potential exploration in the arctic that she wrote an open letterer bears her name. these words from dr. jane goodall. there is compelling scientific evidence of why it is truly important to protect this place. around the globe so many indigenous people have been harmed in the name of progress. we have other sources of energy. please vote against oil development in the arctic national wildlife refuge. it is such a pleasurer to have you with us. the trump administration has put this exploration pla...

>> in a week of news dominated by president trump's decision to pull out of the paris climate accord, subpoenas in the russian probe and terror attacks, the trump administration achieved some major accomplishments that are going mostly unnoticed. the "wall street journal" lays out the highlight. they include president trump's interior secretary signing an order to start oil development in alaska. senate republicans beginning to draft their healthcare bill and the dakota pipeline finally coming into service. tom, i'm not surprised to see the liberal media not talking about the pipeline but the ...

They have their own terror issues to deal with. chechen rebels. >> we're following the oil development and how these situations, including record flooding in the midwest, are hit oil refine riz. oil was up today. i should stress it is down on the year. the first back-to-back down year for oil since 1998. energy watchers still plan -- what do you think? >> i think it's amazing the way oil came up today when we saw the pictures of out dubai with the fire. and the flooding we have had in illinois, it's been terrible. one of the major pipelines in illinois, those are pipelines which actually flood...

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...

>> 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? ...