Home > Environment > Video: Obama administration allows Shell’s Arctic oil wells but drilling still restricted | The Guardian

Video: Obama administration allows Shell’s Arctic oil wells but drilling still restricted | The Guardian

Barack Obama has removed one of the last obstacles to oil drilling in Arctic waters, granting Shell permission to bore two new exploratory wells.

However, the drilling permit granted by the Interior Department on Wednesday bans Shell from drilling into oil-bearing zones until critical spill-response equipment is in place – and that equipment is aboard a damaged icebreaker en route to Oregon for repairs.

The restrictions could severely limit Shell’s operations during the brief Arctic season, which winds down in late September. The company has spent $7bn and seven years trying to open up the Arctic to oil and gas drilling.

Source: Obama administration allows Shell’s Arctic oil wells but drilling still restricted

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