Yeah, so it's not an ideological decision, just an economic one. And aren't they all?The Department of Interior said it was canceling two future auctions of Arctic offshore oil leases in the Chukchi and Beaufort seas, and turned down requests from Shell and other oil companies for more time on their existing leases.
[...]
Sally Jewell, the interior secretary, said the decision to cancel auctions scheduled for 2016 and 2017 was dictated by current economies for oil, and the harsh conditions of hunting for oil in the Arctic which had forced Shell to pull out.
“In light of Shell’s announcement the amount of acreage already under lease and current market conditions, it does not make sense to prepare for lease sales in the Arctic in the next year and a half,” she said in a statement.
Guardian
...but hey, do what you want...you will anyway.
No comments:
Post a Comment