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Shell Oil Pulls the Plug on Arctic Oil Exploration

Wednesday, September 30, 2015 1:26
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A multi-partisan activist group established to expose and resist US imperialism, corpora-terrorism, and the New World Order

Shell Oil Pulls the Plug on Arctic Oil Exploration | 29 Sept 2015 | After sinking eight years and more than $8 billion into the effort, Shell Oil is pulling out of the Arctic Ocean. The company dropped the surprising news in a Sunday night press release. Shell officials said the company safely drilled a well more than mile beneath the floor of the Chukchi Sea this summer. They found indications of oil and gas there, but not enough to warrant further exploration.



Source: http://www.legitgov.org/Shell-Oil-Pulls-Plug-Arctic-Oil-Exploration

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